<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheet and consolidated statements of operations of Alternative Living Services, Inc., filed with the Company's Form 10-Q for the period ended June 30, 1998 and is qualified in its entirety by reference to such financial statements and related footnotes. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 55,847 <SECURITIES> 25,000 <RECEIVABLES> 2,622 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 108,811 <PP&E> 485,957 <DEPRECIATION> (13,882) <TOTAL-ASSETS> 636,130 <CURRENT-LIABILITIES> 52,592 <BONDS> 395,522 <COMMON> 175,576 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (13,065) <TOTAL-LIABILITY-AND-EQUITY> 636,130 <SALES> 101,683 <TOTAL-REVENUES> 101,683 <CGS> 0 <TOTAL-COSTS> 100,253 <OTHER-EXPENSES> 97 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,541 <INCOME-PRETAX> 8,458 <INCOME-TAX> 0 <INCOME-CONTINUING> 8,458 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,458 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.38