SAUL B F REAL ESTATE INVESTMENT TRUST
10-K405, EX-27, 2000-12-29
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<TABLE> <S> <C>

<ARTICLE> CT
<LEGEND>
This schedule contains summary financial information extracted from financial
statements, schedules and other disclosure contained in Form 10-K for the year
ended September 30, 2000 of B. F. Saul Real Estate Investment Trust and is
qualified in its entirety by reference to such financial statements, schedules
and other disclosure.
</LEGEND>
<MULTIPLIER>                                                  1000

<S>                                               <C>
<PERIOD-TYPE>                                               12-MOS
<FISCAL-YEAR-END>                                      SEP-30-2000
<PERIOD-END>                                           SEP-30-2000
<TOTAL-ASSETS>                                            11115858
                                          516
                                                      0
<COMMON>                                                      6642
<OTHER-SE>                                                    1453
<TOTAL-LIABILITY-AND-EQUITY>                              11115858
<TOTAL-REVENUES>                                                 0
<INCOME-TAX>                                                 23217
<INCOME-CONTINUING>                                          54134
<DISCONTINUED>                                                   0
<EXTRAORDINARY>                                               (166)
<CHANGES>                                                        0
<NET-INCOME>                                                 22357
<EPS-BASIC>                                                   3.51
<EPS-DILUTED>                                                 3.51


</TABLE>


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