<ARTICLE> 5
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.

<CIK>      0001067173
<NAME>     SPG REALTY CONSULTANTS, INC.
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                         DEC-31-2000
<PERIOD-START>                            JAN-01-2000
<PERIOD-END>                              SEP-30-2000
<CASH>                                        107,198
<SECURITIES>                                        0
<RECEIVABLES>                                 234,753
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                                    0
<PP&E>                                     12,945,397
<DEPRECIATION>                              1,370,618
<TOTAL-ASSETS>                             13,880,319
<CURRENT-LIABILITIES>                               0
<BONDS>                                     8,792,597
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                   538,684
<COMMON>                                           18
<OTHER-SE>                                  2,520,791
<TOTAL-LIABILITY-AND-EQUITY>               13,880,319
<SALES>                                             0
<TOTAL-REVENUES>                            1,456,499
<CGS>                                               0
<TOTAL-COSTS>                                 799,897
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                7,671
<INTEREST-EXPENSE>                            475,563
<INCOME-PRETAX>                               228,344
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                           228,344
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                 (440)
<CHANGES>                                    (12,342)
<NET-INCOME>                                  141,699
<EPS-BASIC>                                      0.66
<EPS-DILUTED>                                    0.66

<F1> Receivables are stated net of allowances.
<F2> The Registrant does not report using a classified balance sheet.
<F3> Includes Limited Partners' interest in the SPG Operating Partnership of
     $913,033; limited partners' preferred interest of $149,885; and preferred
     stock of subsidiary of $339,799.