[ARTICLE] 5
[LEGEND]
This schedule contains summary financial information extracted from Lutheran
Brotherhood Realty Fund I Form 10-Q for the Quarter ended March 31, 1995 and is
qualified in its entirety by reference to such Form 10-Q.
[/LEGEND]
[MULTIPLIER] 1,000
<TABLE>
<S> <C>
[PERIOD-TYPE] 3-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-START] JAN-01-1995
[PERIOD-END] MAR-31-1995
[CASH] 585
[SECURITIES] 0
[RECEIVABLES] 0
[ALLOWANCES] 0
[INVENTORY] 0
[CURRENT-ASSETS] 585
[PP&E] 2248
[DEPRECIATION] 281
[TOTAL-ASSETS] 4769
[CURRENT-LIABILITIES] 60
[BONDS] 0
[COMMON] 0
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[OTHER-SE] 4709
[TOTAL-LIABILITY-AND-EQUITY] 4769
[SALES] 133
[TOTAL-REVENUES] 189
[CGS] 71
[TOTAL-COSTS] 71
[OTHER-EXPENSES] 0
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] 78
[INCOME-TAX] 0
[INCOME-CONTINUING] 78
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] 78
[EPS-PRIMARY] 0
[EPS-DILUTED] 0
</TABLE>
