<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE ENTITY AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO THOSE FINANCIAL STATEMENTS AND THE FOOTNOTES PROVIDED
WITHIN THIS SCHEDULE.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                       9,808,000<F1>
<SECURITIES>                                         0
<RECEIVABLES>                                  454,000<F2>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            10,262,000<F3>
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                             228,300,000<F4>
<CURRENT-LIABILITIES>                        9,127,000<F5>
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                 219,171,000<F6>
<TOTAL-LIABILITY-AND-EQUITY>               228,300,000<F7>
<SALES>                                              0
<TOTAL-REVENUES>                             8,595,000<F8>
<CGS>                                                0
<TOTAL-COSTS>                                5,793,000<F9>
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              2,802,000<F10>
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          2,802,000<F11>
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,802,000<F12>
<EPS-PRIMARY>                                    25.73<F13>
<EPS-DILUTED>                                        0
<FN>
<F1>                       SERIES I          SERIES II
                          ----------        -----------
    CASH                   5,859,000          3,949,000

<F2>RECEIVABLES              235,000            219,000
<F3>CURRENT ASSETS         6,094,000          4,168,000
<F4>TOTAL ASSETS         145,405,000         82,895,000
<F5>CURRENT LIABILITIES    6,077,000          3,050,000
<F6>OTHER S-E            139,327,000         79,844,000
<F7>TOTAL LIABILITIES
 & EQUITY                145,405,000         82,895,000
<F8>TOTAL REVENUE          5,510,000          3,085,000
<F9>TOTAL COSTS            4,932,000            861,000
<F10>INCOME- PRETAX          578,000          2,224,000
<F11>INCOME-CONTINUING       578,000          2,224,000
<F12>NET INCOME              578,000          2,224,000
<F13>EPS                        2.86              22.87
</FN>