<ARTICLE> 5 <LEGEND> The Schedule contains summary financial information extracted from the financial statements for Cambridge + Related Housing Properties L.P. and is qualified in its entirety by reference to such financial statements </LEGEND> <CIK> 0000718915 <NAME> Cambridge + Related Housing Properties L.P. <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> FEB-28-1997 <PERIOD-START> MAR-01-1996 <PERIOD-END> NOV-30-1996 <CASH> 17,512,854 <SECURITIES> 201,124 <RECEIVABLES> 296,519 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,321,427 <PP&E> 178,547,088 <DEPRECIATION> 78,669,670 <TOTAL-ASSETS> 119,209,342 <CURRENT-LIABILITIES> 9,564,324 <BONDS> 183,738,594 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (74,093,576) <TOTAL-LIABILITY-AND-EQUITY> 119,209,342 <SALES> 0 <TOTAL-REVENUES> 30,033,494 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 22,958,220 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,041,065 <INCOME-PRETAX> 1,034,209 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 5,208,040 <CHANGES> 0 <NET-INCOME> 6,243,784 <EPS-PRIMARY> 622 <EPS-DILUTED> 0