<ARTICLE> 5 <CIK> 0000785791 <NAME> ASSOCIATED PLANNERS REALTY FUND <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 53,474 <SECURITIES> 0 <RECEIVABLES> 1,717,470 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,770,944 <PP&E> 2,854,220 <DEPRECIATION> 465,666 <TOTAL-ASSETS> 4,175,162 <CURRENT-LIABILITIES> 50,818 <BONDS> 1,378,459 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,745,885 <TOTAL-LIABILITY-AND-EQUITY> 4,175,162 <SALES> 76,720 <TOTAL-REVENUES> 103,005 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 55,025 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 31,253 <INCOME-PRETAX> 16,727 <INCOME-TAX> 0 <INCOME-CONTINUING> 16,727 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,727 <EPS-BASIC> 1.80 <EPS-DILUTED> 1.80