Exhibit 21.1

TARRAGON CORPORATION
SUBSIDIARIES OF THE REGISTRANT

The following is a list of all subsidiaries and partnership interests of Tarragon Corporation and the state or other jurisdiction of organization or incorporation.

Entity Name	Ownership				State of Origin
5600 GP, Inc.		100.00	%		FL
National Omni Associates, L.P.		46.00	%	General Partner	DE
Palm Grove Gardens, Ltd.		90.00	%	General Partner	FL
Silver Creek Apartments, Ltd.		90.00	%	General Partner	FL
900 Monroe Development LLC		62.50	%	Managing Member	NJ
Acadian Place Apartments, L.L.C.		99.00	%	Member	LA
Acadian Place Holdings, L.L.C.		100.00	%	General Partner	LA
Acadian Place Apartments, L.L.C.		1.00	%	Managing Member	LA
Adams Street Development, L.L.C.		55.00	%	Member	NJ
1100 Adams Street Urban Renewal, LLC		100.00	%	Managing Member	NJ
1118 Adams Street Urban Renewal, LLC		0.01	%	Managing Member	NJ
ALTA MARINA, LLC		100.00	%	Member	FL
AltaMar Development, LLC		100.00	%	Member	FL
Aspentree National Associates, L.P.		99.00	%	General Partner	TX
Larchmont Associates Limited Partnership		20.00	%	General Partner	MD
Balsam Acquisitions, L.L.C.		100.00	%	Member	DE
Bermuda Island Tarragon		100.00	%	Managing Member	FL
Block 112 Development, LLC		62.50	%	Managing Member	NJ
Block 106 Development, LLC		62.50	%	Managing Member	NJ
Block 88 Development, L.L.C.		55.00	%	Managing Member	NJ
Block 99/102 Development, L.L.C.		40.00	%	Managing Member	NJ
Block 102 Development LLC		100.00	%	Member	NJ
Bradenton Tarragon, LLC		100.00	%	Managing Member	FL
Capitol Ave. Tarragon, LLC		100.00	%	Managing Member	CT
Carlyle Tower National Associates Limited Partnership		99.00	%	General Partner	MI
Celebration Tarragon LLC		100.00	%	Managing Member	FL
Central Square Tarragon LLC		100.00	%	Managing Member	FL
Cliffside Tarragon, LLC		100.00	%	Managing Member	NJ
Collegewood Property, Inc.		100.00	%		FL
North Property Tarragon, Ltd.		1.00	%	General Partner	FL
100 East Las Olas, Ltd.		99.00	%	Limited Partner	FL
East Las Olas, Ltd., a Florida limited partnership		99.00	%	Limited Partner	FL
West Property Tarragon, Ltd.		1.00	%	General Partner	FL
Metropolitan Sarasota, Ltd.		99.00	%	Limited Partner	FL
Consolidated Capital Properties II, a Texas limited partnership		0.50	%	General Partner	TX
Creekwood Apartment Owners, LLC		100.00	%	Managing Member	FL
Cornell National, L.L.C.		100.00	%	Member	CA
East Hanover Tarragon LLC		100.00	%	Managing Member	NJ
Emerson Center Company		50.00	%	General Partner	GA
English Village Partners, a California limited partnership		90.00	%	Limited Partner	CA
Floresta Tarragon, LLC		100.00	%	Managing Member	FL
Forest Oaks National, Inc.		100.00	%		TX
Fountainhead Apartments-National, Ltd.		99.00	%	Limited Partner	FL
Fountainhead, Inc.		100.00	%		FL
5600 Collins Avenue, LLC		100.00	%	Member	FL
Fountainhead Apartments-National, Ltd.		1.00	%	General Partner	FL
French Villa Apartments, L.L.C.		100.00	%	Member	OK
French Villa National Associates Limited Partnership		99.00	%	General Partner	OK
Guardian Alexandria Pointe Holdings, LLC		80.00	%	Member	FL
Alexandria Pointe, LC		50.00	%	Managing Member	FL
Guardian Equities, Inc.		100.00	%		FL

125

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
Guardian Forest Ridge Partners Holdings, LLC		50.00	%	Managing Member	FL
Forest Ridge Partners, LC		50.00	%	Managing Member	FL
Guardian Rock Springs Road Holdings, LLC		80.00	%	Managing Member	FL
Rock Springs Road, LC		50.00	%	Managing Member	FL
Guardian Smokey Mountain Ridge Holdings, LLC		65.00	%	Member	FL
Smokey Mountain Ridge, LLC		50.00	%	Member	FL
Guardian Southridge Pointe Holdings, LLC		80.00	%	Managing Member	FL
Southridge Pointe, LC		50.00	%	Managing Member	FL
Guardian Victoria Hills Holdings, LLC		80.00	%	Member	FL
Victoria Hills, LC		50.00	%	Member	FL
Guardian Wekiva Crest Holdings, LLC		80.00	%	Member	FL
Wekiva Crest, LC		50.00	%	Member	FL
Guardian Woods at Southridge Holdings, LLC		80.00	%	Member	FL
Woods at Southridge, LC		50.00	%	Managing Member	FL
Guardian-Jupiter Partners, Ltd.		99.00	%	Limited Partner	FL
Keane Stud LLC		50.00	%	Member	NY
Keane Stud Management LLC		100.00	%	Managing Member	NY
Lake Point National, Inc.		100.00	%		TN
Tarragon Lake Point Partnership		1.00	%	General Partner	TN
Las Olas River House Corp.		50.00	%		FL
Lopo Tarragon GP, Inc.		50.00	%		TX
Lopo, LP		0.10	%	General Partner	TX
Lopo Tarragon LP, Inc.		50.00	%		NV
Lopo, LP		49.90	%	Limited Partner	TX
M8CP, Inc.		50.50	%		CT
Merritt 8 Acquisitions, L.L.C.		1.00	%	Managing Member	CT
Madison at Park West Tarragon, LLC		99.00	%	Member	SC
Madison Tarragon Manager, Inc.		100.00	%		NV
Madison at Park West Tarragon, LLC		1.00	%	Managing Member	SC
Marina Park National Partners		90.00	%	General Partner	FL
Freesia Acquisitions, LLC		100.00	%	Member	DE
Mariner’s Point Tarragon, LLC		100.00	%	Managing Member	CT
Martin’s Landing Associates, Ltd.		99.00	%	General Partner	GA
Mohegan Hill Tarragon, LLC		100.00	%	Managing Member	CT
Mohegan Hill Development, LLC		60.00	%	Managing Member	CT
Mohegan Hill Development/Wilson, LLC		100.00	%	Managing Member	CT
Monterra Tarragon, Inc.		100.00	%		NV
Omni Monterra LLC		1.00	%	Managing Member	FL
Morningside National, Inc.		100.00	%		FL
Murfreesboro Gateway Properties, LLC		100.00	%	Managing Member	TN
Mountain View National, Inc.		100.00	%		NV
Guardian-Jupiter Partners, Ltd.		1.00	%	General Partner	FL
RI Panama City, Ltd.		1.00	%	General Partner	FL
RI Windsor, Ltd.		1.00	%	General Partner	FL
Vineyard at Eagle Harbor, L.L.C.		0.01	%	Managing Member	FL
MSCP, Inc.		50.00	%		CT
Merritt Stratford, L.L.C.		1.00	%	Managing Member	CT
Murfreesboro Tarragon II, LLC		100.00	%	Member	TN
Mustang National, Inc.		100.00	%		TX
Mustang Creek National, L.P.		1.00	%	General Partner	TX
National Income Realty Investors, Inc.		100.00	%		NV
Bayfront National Associates, L.P.		1.00	%	General Partner	TX
Carlyle Tower National Associates Limited Partnership		1.00	%	Limited Partner	MI
Consolidated Capital Properties II, a Texas ltd partnership		99.50	%	Limited Partner	TX
Creekwood Apartment Owners, LLC		100.00	%	Managing Member	FL
Emerson Center Company		50.00	%	General Partner	GA

126

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
Houston Highway South, L.P.		1.00	%	General Partner	TX
J.S. Acquisition Corp.		100.00	%		NV
Marina Park National Partners		10.00	%	General Partner	FL
Freesia Acquisitions, LLC		100.00	%	Member	DE
Martin’s Landing Associates, Ltd.		1.00	%	Limited Partner	GA
Rancho Sorrento Leasing Corp.		100.00	%		NV
Meadow Brook Apartments, L.L.C.		99.00	%	Managing Member	LA
Regency Green National Corp.		100.00	%		NV
Houston Highway South, L.P.		99.00	%	Limited Partner	TX
Regent Circle, L.L.C.		1.00	%	Member	FL
Summit on the Lake Associates, Ltd.		1.00	%	General Partner	TX
Tarragon Development Company LLC		18.47	%	Member	DE
Ansonia Apartments, L.P.		89.44	%	General Partner	DE
Ansonia Mezz Parent, LLC		100.00	%	Managing Member	DE
Ansonia MezzCo, LLC		100.00	%	Managing Member	DE
Ansonia Acquisitions I, L.L.C.		100.00	%	Managing Member	CT
Ansonia Liberty, LLC		100.00	%	Managing Member	CT
Autumn Ridge Apartments, LLC		100.00	%	Managing Member	CT
Danforth Apartment Owners, L.L.C.		100.00	%	Managing Member	FL
Dogwood Hills Apartments, L.L.C.		100.00	%	Managing Member	CT
Forest Park Tarragon, LLC		100.00	%	Managing Member	CT
Hamden Centre Apartments, L.L.C.		100.00	%	Managing Member	CT
Heather Limited Partnership		99.00	%	Limited Partner	MD
Heron Cove National, Inc.		100.00	%		FL
Ocean Beach Apartments, LLC		100.00	%	Managing Member	CT
Plantation Bay Apartments, L.L.C.		100.00	%	Managing Member	FL
Stewart Square National, Inc.		100.00	%		NV
Summit / Tarragon Murfreesboro, L.L.C.		100.00	%	Managing Member	TN
Tarragon Huntsville Apartments, L.L.C.		100.00	%	Managing Member	AL
Tarragon Savannah I, L.L.C.		100.00	%	Managing Member	GA
Tarragon Savannah II, L.L.C.		100.00	%	Managing Member	GA
TRI Woodcreek, Inc.		100.00	%		NV
Woodcreek Garden Apartments, a California LP		1.00	%	General Partner	CA
Manchester Tarragon, LLC		100.00	%	Managing Member	CT
Vintage Legacy Lakes National, L.P.		99.00	%	Limited Partner	TX
Vintage National, Inc.		100.00	%		TX
Heather Limited Partnership		1.00	%	General Partner	MD
Vintage Legacy Lakes National, L.P.		1.00	%	General Partner	TX
West Dale National Associates, L.P.		1.00	%	General Partner	TX
West Dale National Associates, L.P.		99.00	%	Limited Partner	TX
Woodcreek Garden Apartments, a California LP		99.00	%	Limited Partner	CA
Manchester Tarragon, LLC		100.00	%	Managing Member	CT
Gull Harbor Apts, L.L.C.		100.00	%	Managing Member	CT
Lake Lotta Apartments, L.L.C.		100.00	%	Managing Member	FL
Lake Sherwood Partners, LLC		100.00	%	Managing Member	FL
RI Panama City, Ltd.		99.00	%	Limited Partner	FL
RI Windsor, Ltd.		99.00	%	Limited Partner	FL
Tarragon Stoneybrook Apartments, L.L.C.		100.00	%	Member	FL
Vineyard at Eagle Harbor, L.L.C.		99.99	%	Managing Member	FL
Tarragon Lake Point Partnership		99.00	%	Limited Partner	TN
Vistas at Lake Worth Limited Partnership		1.00	%	General Partner	TX
National Omni Associates, L.P.		54.00	%	Limited Partner	DE
Newbury Village Development, LLC		100.00	%	Managing Member	CT
North Property Tarragon, Ltd.		99.00	%	Limited Partner	FL
100 East Las Olas, Ltd.		99.00	%	Limited Partner	FL

127

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
East Las Olas, Ltd., a Florida limited partnership		99.00	%	Limited Partner	FL
Omni Monterra LLC		99.00	%	Member	FL
Orlando Central Park Tarragon, L.L.C.		100.00	%	Member	FL
Palm Court Apartment Owners, Inc.		100.00	%		FL
Paramus Tarragon, LLC		100.00	%	Member	NJ
Pomeroy Tarragon, LLC		100.00	%	Member	CT
Reflection Lakes Manager, Inc.		100.00	%		NV
Reflection Lakes Tarragon, LLC		1.00	%	Managing Member	FL
Reflection Lakes Tarragon, LLC		99.00	%	Member	FL
Regent Circle, L.L.C.		99.00	%	Member	FL
River House Tarragon, LLC		100.00	%	Member	DE
One Las Olas, Ltd.		99.00	%	Limited Partner	FL
Sage Residential Services, Inc.		100.00	%		NV
Sage Realty, LLC		100.00	%		FL
Travis Garritt Real Estate, Inc.		100.00	%		TX
SO. Elms National Associates Limited Partnership		99.00	%	General Partner	OK
Southeastern Rivercrest Partners, Ltd.		70.00	%	General Partner	FL
Stamford Tarragon I LLC		100.00	%	Managing Member	CT
Tarragon/Voloshin I LLC		100.00	%	Managing Member	CT
Summit on the Lake Associates, Ltd.		99.00	%	Limited Partner	TX
Tampa Palms Tarragon, L.L.C.		100.00	%	Managing Member	FL
Tarragon Calistoga, L.L.C.		80.00	%	Managing Member	NV
Calistoga Ranch Owners, L.L.C.		5.00	%	Member	CA
CR Tarragon Palm Springs, L.L.C.		25.00	%	Member	CA
Tarragon Development Company LLC		81.53	%	Managing Member	DE
Ansonia Apartments, L.P.		89.44	%	General Partner	DE
Ansonia Mezz Parent, LLC		100.00	%	Managing Member	DE
Ansonia MezzCo, LLC		100.00	%	Managing Member	DE
Ansonia Acquisitions I, L.L.C.		100.00	%	Managing Member	CT
Ansonia Liberty, LLC		100.00	%	Managing Member	CT
Autumn Ridge Apartments, LLC		100.00	%	Managing Member	CT
Danforth Apartment Owners, L.L.C.		100.00	%	Managing Member	FL
Dogwood Hills Apartments, L.L.C.		100.00	%	Managing Member	CT
Forest Park Tarragon, LLC		100.00	%	Managing Member	CT
Hamden Centre Apartments, L.L.C.		100.00	%	Managing Member	CT
Heather Limited Partnership		99.00	%	Limited Partner	MD
Heron Cove National, Inc.		100.00	%		FL
Ocean Beach Apartments, LLC		100.00	%	Managing Member	CT
Plantation Bay Apartments, L.L.C.		100.00	%	Managing Member	FL
Stewart Square National, Inc.		100.00	%		NV
Summit / Tarragon Murfreesboro, L.L.C.		100.00	%	Managing Member	TN
Tarragon Huntsville Apartments, L.L.C.		100.00	%	Managing Member	AL
Tarragon Savannah I, L.L.C.		100.00	%	Managing Member	GA
Tarragon Savannah II, L.L.C.		100.00	%	Managing Member	GA
TRI Woodcreek, Inc.		100.00	%		NV
Woodcreek Garden Apartments, a California LP		1.00	%	General Partner	CA
Manchester Tarragon, LLC		100.00	%	Managing Member	CT
Vintage Legacy Lakes National, L.P.		99.00	%	Limited Partner	TX
Vintage National, Inc.		100.00	%		TX
Heather Limited Partnership		1.00	%	General Partner	MD
Vintage Legacy Lakes National, L.P.		1.00	%	General Partner	TX
West Dale National Associates, L.P.		1.00	%	General Partner	TX
West Dale National Associates, L.P.		99.00	%	Limited Partner	TX
Woodcreek Garden Apartments, a California LP		99.00	%	Limited Partner	CA
Manchester Tarragon, LLC		100.00	%	Managing Member	CT
Gull Harbor Apts, L.L.C.		100.00	%	Managing Member	CT

128

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
Lake Sherwood Partners, LLC		100.00	%	Managing Member	FL
Lake Lotta Apartments, L.L.C.		100.00	%	Managing Member	FL
RI Panama City, Ltd.		99.00	%	Limited Partner	FL
RI Windsor, Ltd.		99.00	%	Limited Partner	FL
Tarragon Stoneybrook Apartments, L.L.C.		100.00	%	Member	FL
Vineyard at Eagle Harbor, L.L.C.		99.99	%	Managing Member	FL
Tarragon Development Corporation		100.00	%		NV
Adams Street Development, L.L.C.		30.00	%	Managing Member	NJ
1100 Adams Street Urban Renewal, LLC		100.00	%	Managing Member	NJ
1118 Adams Street Urban Renewal, LLC		0.01	%	Managing Member	NJ
Black Pearl Tarragon, LLC		100.00	%	Managing Member	FL
Block 144 Development LLC		62.50	%	Managing Member	NJ
Block 88 Development, L.L.C.		15.00	%	Member	NJ
Block 99/102 Development, L.L.C.		15.00	%	Member	NJ
Block 102 Development LLC		100.00	%	Member	NJ
Charleston Tarragon Manager, LLC		100.00	%	Managing Member	DE
Fenwick Plantation Tarragon, LLC		1.00	%	Managing Member	SC
Farmington Tarragon, LLC		100.00	%	Managing Member	CT
Fenwick Plantation Tarragon, LLC		99.00	%	Member	SC
Jardin de Belle Development, LLC		100.00	%	Member	NC
Palisades Park East Tarragon LLC		100.00	%	Managing Member	NJ
Park Development East, LLC		100.00	%	Managing Member	DE
Palisades Park West Tarragon LLC		100.00	%	Managing Member	NJ
Park Development West, LLC		100.00	%	Managing Member	DE
Rutherford Tarragon Development I, LLC		100.00	%	Managing Member	NJ
Rutherford LL Tarragon, LLC		100.00	%	Managing Member	NJ
Rutherford Tarragon Development II, LLC		100.00	%	Managing Member	NJ
Rutherford Tarragon Development III, LLC		100.00	%	Managing Member	NJ
Southampton Pointe Tarragon LLC		99.00	%	Member	SC
Southampton Tarragon Manager LLC		100.00	%	Managing Member	DE
Southampton Pointe Tarragon LLC		1.00	%	Managing Member	SC
Wyckoff Tarragon Development LLC		100.00	%	Managing Member	NJ
Tarragon Edgewater Associates, LLC		100.00	%	Member	NJ
Tarragon Limited, Inc.		100.00	%		NV
Bayfront National Associates, L.P.		99.00	%	Limited Partner	TX
Meadow Brook Apartments, L.L.C.		1.00	%	Member	LA
Midway Mills Partners, L.P.		99.00	%	Limited Partner	TX
Mustang Creek National, L.P.		99.00	%	Limited Partner	TX
Parkdale Gardens National Corp.		100.00	%		TX
Tarragon 820, L.P.		99.99	%	Limited Partner	TX
Tarragon Brooks, L.P.		99.90	%	Limited Partner	TX
Tarragon Time Square I, L.P.		99.90	%	Limited Partner	TX
Tarragon University I, L.P.		99.90	%	Limited Partner	TX
Vistas at Lake Worth Limited Partnership		99.00	%	Limited Partner	TX
Tarragon Lugano LLC		100.00	%	Managing Member	DE
Tarragon Management, Inc.		100.00	%		TX
Accord Properties Associates, L.L.C.		100.00	%	Member	CT
Tarragon Mariner Plaza, Inc.		100.00	%		FL
Tarragon Merritt 8, Inc.		100.00	%		CT
Merritt 8 Acquisitions, L.L.C.		99.00	%	Member	CT
Tarragon Midway Mills, Inc.		100.00	%		TX
Midway Mills Partners, L.P.		1.00	%	General Partner	TX
Tarragon Mortgage Capital, LLC		100.00	%	Managing Member	FL
Choice Home Financing, LLC		49.90	%	Member	DE
Tarragon Mortgage LLC		100.00	%	Member	NJ
Tarragon NJ Acquisitions, Inc.		100.00	%		TX

129

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
Tarragon Ocala Development Corp		100.00	%		FL
Ocala Tarragon, LLC		50.00	%	Managing Member	FL
Tarragon O’Hare Office Park, Inc.		100.00	%		IL
Tarragon Rainey Ridge, LLC		100.00	%	Member	FL
Tarragon South Community Development, LLC		100.00	%	Member	FL
Tarragon South Development Corp.		100.00	%		NV
Arlington Tarragon, LLC		100.00	%	Managing Member	FL
Avanti Tarragon, LLC		100.00	%	Managing Member	FL
Aventura Tarragon GP, LLC		100.00	%	Managing Member	FL
Shefaor/Tarragon, LLLP		0.10	%	General Partner	FL
Aventura Tarragon LP, LLC		100.00	%	Managing Member	FL
Shefaor/Tarragon, LLLP		69.90	%	Limited Partner	FL
Cordoba Manager, LLC		100.00	%	Member	DE
Cordoba Tarragon, LLC		1.00	%	Managing Member	FL
Cordoba Tarragon, LLC		99.00	%	Managing Member	FL
Delaney Square Tarragon, LLC		100.00	%	Managing Member	FL
Delaney Square, LLC		50.00	%	Managing Member	FL
Exchange Tarragon, LLC		100.00	%	Managing Member	FL
Himmarshee Tarragon, LLC		100.00	%	Managing Member	FL
Lopo Tarragon GP, Inc.		50.00	%		TX
Lopo, LP		0.10	%	General Partner	TX
Lopo Tarragon LP, Inc.		50.00	%		TX
Lopo, LP		49.90	%	Limited Partner	TX
MC, LLC		100.00	%	Managing Member	FL
Metropolitan Sarasota, Ltd.		1.00	%	General Partner	FL
Montreux at Deerwood Lake, LLC		100.00	%	Managing Member	FL
Montreux Tarragon, LLC		100.00	%	Managing Member	FL
North Village Tarragon, LLC		100.00	%	Managing Member	FL
Omni Equities Corporation		100.00	%		FL
One Las Olas, Ltd.		1.00	%	General Partner	FL
Omni Equities North Corporation		100.00	%		FL
100 East Las Olas, Ltd.		1.00	%	General Partner	FL
East Las Olas, Ltd., a Florida limited partnership		1.00	%	General Partner	FL
Omni-Tivoli, LLC		99.99	%	Managing Member	FL
Orion Tarragon GP, Inc.		100.00	%		TX
Orion Towers Tarragon, LLP		0.10	%	General Partner	TX
Orion Tarragon LP, Inc.		100.00	%		NV
Orion Towers Tarragon, LLP		69.90	%	Limited Partner	TX
Park Avenue Tarragon, LLC		100.00	%	Managing Member	FL
Park Avenue Metrowest LLC		50.00	%	Managing Member	FL
Park Avenue at Metrowest, Ltd.		99.00	%	Limited Partner	FL
Park Avenue GP, LLC		100.00	%	Managing Member	FL
Park Avenue at Metrowest, Ltd.		1.00	%	General Partner	FL
Tarragon Community Development, LLC		100.00	%	Managing Member	FL
Tarragon Cypress Grove, LLC		100.00	%	Managing Member	FL
Orchid Grove, LLC		50.00	%	Managing Member	FL
Tarragon Kissimmee, LLC		100.00	%	Managing Member	FL
Uptown Village Tarragon A, LLC		100.00	%	Managing Member	FL
Uptown Village Tarragon B, LLC		100.00	%	Managing Member	FL
Uptown Village Tarragon C, LLC		100.00	%	Managing Member	FL
Worthing Place Tarragon, LLC		100.00	%	Managing Member	FL
Yacht Club Tarragon, LLC		100.00	%	Managing Member	FL
Ybor City Tarragon, LLC		100.00	%	Managing Member	DE
Tarragon Stratford, Inc.		100.00	%		CT
Merritt Stratford, L.L.C.		49.50	%	Member	CT
Tarragon Time Square, Inc.		100.00	%		TX

130

Exhibit 21.1 (Continued)

Entity Name	Ownership				State of Origin
Tarragon Time Square I, L.P.		0.10	%	General Partner	TX
Tarragon Turtle, Inc.		100.00	%		TX
Tarragon 820, L.P.		0.01	%	General Partner	TX
Tarragon University, Inc.		100.00	%		TX
Tarragon University I, L.P.		0.10	%	General Partner	TX
Tarragon Venetian Bay, Inc.		100.00	%		FL
Guardian Venetian Bay Holdings, LLC		80.00	%	Member	FL
Venetian Bay Village, LLC		70.00	%	Managing Member	FL
Temple Terrace Tarragon, L.L.C.		100.00	%	Member	FL
Texas National Construction, Inc.		100.00	%		TX
Thirteenth Street Development, L.L.C.		50.00	%	Managing Member	NJ
1200 Grand Street Urban Renewal, LLC		100.00	%	Managing Member	NJ
1300 Grand Street Urban Renewal, LLC		100.00	%	Managing Member	NJ
Tradition Tarragon LLC		100.00	%	Managing Member	FL
Tuscany Tarragon, LLC		100.00	%	Member	FL
UGMC Holdings, LLC		55.00	%	Managing Member	NJ
CAVEO, L.L.C.		50.00	%	Member	NJ
Upper Grand Realty, LLC		50.00	%	Managing Member	NJ
Vinland Holly House, Inc.		100.00	%		FL
Palm Grove Gardens, Ltd.		10.00	%	Limited Partner	FL
Silver Creek Apartments, Ltd.		10.00	%	Limited Partner	FL
Vinland Oakbrook, Inc.		100.00	%		TX
Tarragon Brooks, L.P.		0.10	%	General Partner	TX
Vinland Park 20, Inc.		100.00	%		FL
Vinland Property Investors, Inc.		100.00	%		NV
Aspentree National Associates, L.P.		1.00	%	Limited Partner	TX
Larchmont Associates Limited Partnership		20.00	%	General Partner	MD
French Villa National Associates Limited Partnership		1.00	%	Limited Partner	OK
SO. Elms National Associates Limited Partnership		1.00	%	Limited Partner	OK
Vinland Aspentree, Inc.		100.00	%		TX
Vista Lakes Tarragon, LLC		100.00	%	Member	FL
Warwick Grove Company, LLC		50.00	%	Managing Member	NY
West Property Tarragon, Ltd.		99.00	%	Limited Partner	FL
Metropolitan Sarasota, Ltd.		99.00	%	Limited Partner	FL
Woodcreek National, L.C.		100.00	%	Member	FL

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