<TABLE> <S> <C>
<PAGE>
<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
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-START> MAR-01-2000
<PERIOD-END> MAY-31-2000
<CASH> 9,011,547
<SECURITIES> 0
<RECEIVABLES> 120,698
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 549,338
<PP&E> 85,050,899
<DEPRECIATION> 45,662,428
<TOTAL-ASSETS> 49,070,054
<CURRENT-LIABILITIES> 10,739,645
<BONDS> 88,290,171
0
0
<COMMON> 0
<OTHER-SE> (49,959,762)
<TOTAL-LIABILITY-AND-EQUITY> 49,070,054
<SALES> 0
<TOTAL-REVENUES> 3,597,843
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 3,685,642
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 809,081
<INCOME-PRETAX> (896,880)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (897,542)
<EPS-BASIC> (88.52)
<EPS-DILUTED> 0
</TABLE>