<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
INCLUDED IN SUCH REPORT.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 8,702,383
<SECURITIES> 0
<RECEIVABLES> 58,207
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 8,760,590
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 9,864,027
<CURRENT-LIABILITIES> 38,389
<BONDS> 36,628,074
<COMMON> 0
0
0
<OTHER-SE> (40,101,570)
<TOTAL-LIABILITY-AND-EQUITY> 9,864,027
<SALES> 0
<TOTAL-REVENUES> 1,438,414
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 1,340,663
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,803,449
<INCOME-PRETAX> (4,220,283)
<INCOME-TAX> 0
<INCOME-CONTINUING> (4,220,283)
<DISCONTINUED> 0
<EXTRAORDINARY> 2,697,477
<CHANGES> 0
<NET-INCOME> (1,522,806)
<EPS-BASIC> (3.65)
<EPS-DILUTED> (3.65)
</TABLE>
