CHICAGO, Oct. 31 /PRNewswire/ -- AMLI Residential Properties Trust
(NYSE: AML) reports today operating results for the third quarter and nine
months ended September 30, 2000.  Funds From Operations ("FFO") for this
period were $17,804,000, or $0.72 per common share, compared to $16,370,000,
or $0.67 per common share, for the third quarter 1999, a per share increase of
7.5%.  FFO for the nine months ended September 30, 2000 was $50,982,000, or
$2.07 per share, compared to $47,167,000 or $1.92 per share, for the nine
months ended September 30, 1999, a per share increase of 7.8%.
    "This quarter's earnings included contributions from each of our operating
units," stated Allan Sweet, AMLI President.  "Our property management group
produced positive same store results even though several of our markets are
challenging and we are rehabbing a number of communities.  We sold a community
owned by one of our co-investment joint ven