<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0001067173
<NAME> SPG REALTY CONSULTANTS, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 107,198
<SECURITIES> 0
<RECEIVABLES> 234,753<F1>
<ALLOWANCES> 0<F1>
<INVENTORY> 0
<CURRENT-ASSETS> 0<F2>
<PP&E> 12,945,397
<DEPRECIATION> 1,370,618
<TOTAL-ASSETS> 13,880,319
<CURRENT-LIABILITIES> 0<F2>
<BONDS> 8,792,597
0
538,684
<COMMON> 18
<OTHER-SE> 2,520,791
<TOTAL-LIABILITY-AND-EQUITY> 13,880,319<F3>
<SALES> 0
<TOTAL-REVENUES> 1,456,499
<CGS> 0
<TOTAL-COSTS> 799,897
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 7,671
<INTEREST-EXPENSE> 475,563
<INCOME-PRETAX> 228,344
<INCOME-TAX> 0
<INCOME-CONTINUING> 228,344
<DISCONTINUED> 0
<EXTRAORDINARY> (440)
<CHANGES> (12,342)
<NET-INCOME> 141,699
<EPS-BASIC> 0.66
<EPS-DILUTED> 0.66
<FN>
<F1> Receivables are stated net of allowances.
<F2> The Registrant does not report using a classified balance sheet.
<F3> Includes Limited Partners' interest in the SPG Operating Partnership of
$913,033; limited partners' preferred interest of $149,885; and preferred
stock of subsidiary of $339,799.
</FN>
</TABLE>