<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> 9,965,026
<SECURITIES> 0
<RECEIVABLES> 438,352
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 10,403,378
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 10,553,143
<CURRENT-LIABILITIES> 1,204,221
<BONDS> 67,815,350
<COMMON> 0
0
0
<OTHER-SE> (67,008,501)
<TOTAL-LIABILITY-AND-EQUITY> 10,553,143
<SALES> 397,086
<TOTAL-REVENUES> 1,757,450
<CGS> 0
<TOTAL-COSTS> 348,855
<OTHER-EXPENSES> 2,204,465
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 5,206,406
<INCOME-PRETAX> (8,125,116)
<INCOME-TAX> 0
<INCOME-CONTINUING> (8,125,116)
<DISCONTINUED> 0
<EXTRAORDINARY> 2,697,477
<CHANGES> 0
<NET-INCOME> (5,427,639)
<EPS-BASIC> (11.75)
<EPS-DILUTED> (11.75)
</TABLE>