<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-28-1998 <PERIOD-START> Mar-1-1997 <PERIOD-END> Nov-30-1997 <CASH> 13,771,678 <SECURITIES> 204,545 <RECEIVABLES> 397,245 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,440,888 <PP&E> 166,581,756 <DEPRECIATION> 81,278,098 <TOTAL-ASSETS> 101,118,014 <CURRENT-LIABILITIES> 7,616,400 <BONDS> 177,315,657 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (83,814,043) <TOTAL-LIABILITY-AND-EQUITY> 101,118,014 <SALES> 0 <TOTAL-REVENUES> 21,811,950 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 21,939,869 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,571,277 <INCOME-PRETAX> (5,699,196) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 5,170,873 <CHANGES> 0 <NET-INCOME> (528,323) <EPS-PRIMARY> (53) <EPS-DILUTED> 0