<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 September 30, 1998 and is qualified in its entirety by reference to such financial statements and related footnotes. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 65,957 <SECURITIES> 0 <RECEIVABLES> 3,885 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 97,978 <PP&E> 598,555 <DEPRECIATION> (16,944) <TOTAL-ASSETS> 736,938 <CURRENT-LIABILITIES> 57,547 <BONDS> 480,150 <PREFERRED-MANDATORY> 177,287 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (7,244) <TOTAL-LIABILITY-AND-EQUITY> 736,938 <SALES> 167,969 <TOTAL-REVENUES> 167,969 <CGS> 0 <TOTAL-COSTS> 164,487 <OTHER-EXPENSES> 85 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,285 <INCOME-PRETAX> 13,730 <INCOME-TAX> (549) <INCOME-CONTINUING> 14,279 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,279 <EPS-PRIMARY> .65 <EPS-DILUTED> .64