<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> 12-MOS <FISCAL-YEAR-END> FEB-28-1998 <PERIOD-START> MAR-01-1997 <PERIOD-END> FEB-28-1998 <CASH> 13,903,261 <SECURITIES> 205,509 <RECEIVABLES> 304,888 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 955,224 <PP&E> 149,785,384 <DEPRECIATION> 74,871,603 <TOTAL-ASSETS> 90,077,154 <CURRENT-LIABILITIES> 9,323,721 <BONDS> 156,769,256 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 76,015,823 <TOTAL-LIABILITY-AND-EQUITY> 90,077,154 <SALES> 0 <TOTAL-REVENUES> 24,780,246 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 29,408,204 <LOSS-PROVISION> 435,000 <INTEREST-EXPENSE> 7,099,494 <INCOME-PRETAX> (12,162,452) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 21,447,564 <CHANGES> 0 <NET-INCOME> 9,182,768 <EPS-PRIMARY> 906 <EPS-DILUTED> 0