**Exhibit 21.1**

**List of Subsidiaries (as of December 31, 2006)**

 
| Entity                                         | ** ** | **State of Formation/Incorporation** |
|------------------------------------------------|------------|--------------------------------------|
| ** **                                     | ** ** | ** **                           |
| 12th Street  Associates Intermediate, LLC |       | Delaware                             |
| 12th Street  Associates, LLC              |       | Delaware                             |
| 353 Associates                                 |       | Pennsylvania                         |
| 353 Associates GP, LLC                         |       | Delaware                             |
| 3175 JFK Associates, LP                        |       | Delaware                             |
| Abbott Road Associates Intermediate, LLC       |       | Delaware                             |
| Abbott Road Associates, LLC                    |       | Delaware                             |
| AETC Housing LP                                |       | Delaware                             |
| Alexander Road Associates Intermediate, LLC    |       | Delaware                             |
| Alexander Road Associates, LLC                 |       | Delaware                             |
| Belle Chase Associates Intermediate II, LLC    |       | Delaware                             |
| Belle Chase Associates Intermediate, LLC       |       | Delaware                             |
| Belle Chase Associates, LLC                    |       | Delaware                             |
| Bethel Avenue Associates Intermediate, LLC     |       | Delaware                             |
| Bethel Avenue Associates, LLC                  |       | Delaware                             |
| Binford Street Associates Intermediate, LLC    |       | Delaware                             |
| Binford Street Associates, LLC                 |       | Delaware                             |
| Bowling Green Associates Intermediate, LLC     |       | Delaware                             |
| Bowling Green Associates, LLC                  |       | Delaware                             |
| Brookstone Drive Associates Intermediate, LLC  |       | Delaware                             |
| Brookstone Drive Associates, LLC               |       | Delaware                             |
| Brown Road Associates Intermediate, LLC        |       | Delaware                             |
| Brown Road Associates, LLC                     |       | Delaware                             |
| Burbank Drive Associates II, LLC               |       | Delaware                             |
| Burbank Drive Associates Intermediate II, LLC  |       | Delaware                             |
| Burbank Drive Associates Intermediate III, LLC |       | Delaware                             |
| Burbank Drive Associates Intermediate, LLC     |       | Delaware                             |
| Burbank Drive Associates, LLC                  |       | Delaware                             |
| Campus Club Associates Intermediate, LLC       |       | Delaware                             |
| Campus Club Associates, LLC                    |       | Delaware                             |
| Campus Edge Associates Intermediate, LLC       |       | Delaware                             |
| Campus Edge Associates, LLC                    |       | Delaware                             |
| Campus View Drive Associates Intermediate, LLC |       | Delaware                             |
| Campus View Drive Associates, LLC              |       | Delaware                             |
| Carlisle/Picatinny Family Housing LP           |       | Delaware                             |
| Clarizz Boulevard Associates Intermediate, LLC |       | Delaware                             |
| Clarizz Boulevard Associates, LLC              |       | Delaware                             |
| College Park Investments LLC                   |       | Delaware                             |
| College Park Management LLC                    |       | Florida                              |
| College Park Management TRS, Inc.              |       | Delaware                             |
| Commons Drive Associates Intermediate, LLC     |       | Delaware                             |
| Commons Drive Associates, LLC                  |       | Delaware                             |
| The Commons II, LLC                            |       | Delaware                             |
| Croyden Avenue Associates Intermediate, LLC    |       | Delaware                             |
| Croyden Avenue Associates, LLC                 |       | Delaware                             |
| Denton Associates Intermediate, LLC            |       | Delaware                             |
| Denton Associates, LLC                         |       | Delaware                             |
| FDWR Parent LLC                                |       | Delaware                             |

 

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| Fort Bliss/White Sands Missile Range Housing LP                |   | Delaware |
|----------------------------------------------------------------|--------|----------|
| Fort Carson Family Housing, LLC                                |   | Colorado |
| Fort Detrick/Walter Reed Army Medical Center Housing  LLC      |   | Delaware |
| Fort Eustis/Fort Story Housing LLC                             |   | Delaware |
| Fort Gordon Housing LLC                                        |   | Delaware |
| Fort Hamilton Housing LLC                                      |   | Delaware |
| Gainesville Associates Intermediate, LLC                       |   | Delaware |
| Gainesville Associates, LLC                                    |   | Delaware |
| GH 3175 JFK Associates GP, LLC                                 |   | Delaware |
| GH University Crossings Associates GP, LLC                     |   | Delaware |
| GMH/AB Centex Military Communities LLC                         |   | Delaware |
| GMH/AEW Associates, LLC                                        |   | Delaware |
| GMH AETC Housing Construction LLC                              |   | Delaware |
| GMH/ARMY Integrated LLC                                        |   | Delaware |
| GMH/Benham Military Communities LLC                            |   | Delaware |
| GMH/Benham Military Communities II, LLC                        |   | Delaware |
| GMH/FW Military Communities LLC                                |   | Delaware |
| GMH/CENTEX Military Communities, LLC                           |   | Delaware |
| GMH Communities, LP                                            |   | Delaware |
| GMH Communities GP Trust                                       |   | Delaware |
| GMH Communities Services, Inc.                                 |   | Delaware |
| GMH Communities TRS, Inc.                                      |   | Delaware |
| GMH Independent Member I, Inc.                                 |   | Delaware |
| GMH Independent Member II, Inc.                                |   | Delaware |
| GMH Military Housing, LLC                                      |   | Delaware |
| GMH Military Housing- AETC General Partner LLC                 |   | Delaware |
| GMH Military Housing- AETC Limited Partner LLC                 |   | Delaware |
| GMH Military Housing — Bliss/WSMR General Partner,  LLC   |   | Delaware |
| GMH Military Housing — Bliss/WSMR Limited Partner,  LLC   |   | Delaware |
| GMH Military Housing- Carlisle/ Picatinny General  Partner LLC |   | Delaware |
| GMH Military Housing- Carlisle/Picatinny Limited  Partner LLC  |   | Delaware |
| GMH Military Housing Construction LLC                          |   | Delaware |
| GMH Military Housing Development LLC                           |   | Delaware |
| GMH Military Housing—FDWR LLC                             |   | Delaware |
| GMH Military Housing—Fort Carson LLC                      |   | Delaware |
| GMH Military Housing — Fort Gordon LLC                    |   | Delaware |
| GMH Military Housing—Fort Hamilton LLC                    |   | Delaware |
| GMH Military Housing - Hampton Roads, LLC                      |   | Delaware |
| GMH Military Housing Investments LLC                           |   | Delaware |
| GMH Military Housing Management Fort Carson LLC                |   | Delaware |
| GMH Military Housing Management LLC                            |   | Delaware |
| GMH Military Housing Navy Northeast LLC                        |   | Delaware |
| GMH Military Housing—Stewart Hunter LLC                   |   | Delaware |
| GMH/CENTEX Military Communities, LLC                           |   | Delaware |
| GMH Northeast Housing Design/Build LLC                         |   | Delaware |
| GMH/PHELPS Military Communities LLC                            |   | Delaware |
| GrandMarc UCR Intermediate, LLC                                |   | Delaware |
| GrandMarc UCR, LP                                              |   | Delaware |
| Greenville Associates Intermediate, LLC                        |   | Delaware |
| Greenville Associates, LLC                                     |   | Delaware |
| Hattiesburg Associates Owner, LLC                              |   | Delaware |
| Hattiesburg Associates, LLC                                    |   | Delaware |
| Heron Drive Associates Intermediate, LLC                       |   | Delaware |
| Heron Drive Associates, LLC                                    |   | Delaware |
| Keller Boulevard Associates Intermediate, LLC                  |   | Delaware |
| Keller Boulevard Associates, LLC                               |   | Delaware |

 

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| Klotz Road Associates Intermediate, LLC          |   | Delaware     |
|--------------------------------------------------|--------|--------------|
| Klotz Road Associates, LLC                       |   | Delaware     |
| Knotty Pine Associates Intermediate II, LLC      |   | Delaware     |
| Knotty Pine Associates Intermediate, LLC         |   | Delaware     |
| Knotty Pine Associates, LLC                      |   | Delaware     |
| La Riviera Drive Associates, LP                  |   | Delaware     |
| La Riviera Drive Associates, LLC                 |   | Delaware     |
| LA-31, LP                                        |   | Pennsylvania |
| Lakeside Associates Intermediate, LLC            |   | Delaware     |
| Lakeside Associates, LLC                         |   | Delaware     |
| Lanier Drive Associates Intermediate, LLC        |   | Delaware     |
| Lanier Drive Associates, LLC                     |   | Delaware     |
| Lankford Drive Associates II, LLC                |   | Delaware     |
| Lankford Drive Associates Intermediate II, LLC   |   | Delaware     |
| Lankford Drive Associates Intermediate, LLC      |   | Delaware     |
| Lankford Drive Associates, LLC                   |   | Delaware     |
| Lincoln Boulevard Associates Intermediate, LLC   |   | Delaware     |
| Lincoln Boulevard Associates, LLC                |   | Delaware     |
| Lubbock Main Street Associates Intermediate, LLC |   | Delaware     |
| Lubbock Main Street Associates, LLC              |   | Delaware     |
| Lubbock Two Associates, LLC                      |   | Delaware     |
| Lubbock Two Intermediate, LLC                    |   | Delaware     |
| Lynchburg Associates Intermediate, LLC           |   | Delaware     |
| Lynchburg Associates LLC                         |   | Delaware     |
| Monks Road Associates Intermediate, LLC          |   | Delaware     |
| Monks Road Associates, LLC                       |   | Delaware     |
| Montezuma Road Associates Intermediate, LLC      |   | Delaware     |
| Montezuma Road Associates, LP                    |   | Delaware     |
| Morgantown Associates Intermediate, LLC          |   | Delaware     |
| Morgantown Associates, LLC                       |   | Delaware     |
| Nebraska Charleston Associates Intermediate, LLC |   | Delaware     |
| Nebraska Charleston Associates, LLC              |   | Delaware     |
| Neff Avenue Associates Intermediate, LLC         |   | Delaware     |
| Neff Avenue Associates, LLC                      |   | Delaware     |
| New Center Drive Associates Intermediate, LLC    |   | Delaware     |
| New Center Drive Associates, LLC                 |   | Delaware     |
| New Towmed, LLC                                  |   | Delaware     |
| Nittany Crossing Intermediate, LLC               |   | Delaware     |
| Northeast Housing LLC                            |   | Delaware     |
| Oak Tree Associates Intermediate, LLC            |   | Delaware     |
| Oak Tree Associates, LLC                         |   | Delaware     |
| Orchard Trails Housing, LLC                      |   | Delaware     |
| Palisades Drive Associates Intermediate, LLC     |   | Delaware     |
| Palisades Drive Associates, LLC                  |   | Delaware     |
| Peach Grove Associates Intermediate, LLC         |   | Delaware     |
| Peach Grove Associates, LLC                      |   | Delaware     |
| Pegasus Connection Associates Intermediate, LLC  |   | Delaware     |
| Pegasus Connection Associates, LLC               |   | Delaware     |
| Port Republic Associates Intermediate, LLC       |   | Delaware     |
| Racine Drive Associates Intermediate, LLC        |   | Delaware     |
| Racine Drive Associates, LLC                     |   | Delaware     |
| Red Mile Road Associates Intermediate, LLC       |   | Delaware     |
| Red Mile Road Associates, LLC                    |   | Delaware     |
| Reno Associates Intermediate, LLC                |   | Delaware     |
| Reno Associates, LLC                             |   | Delaware     |
| Riverbend Associates Intermediate, LLC           |   | Delaware     |

 

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| Riverbend Associates, LLC                               |   | Delaware     |
|---------------------------------------------------------|--------|--------------|
| Rutherford Boulevard Associates Intermediate II, LLC    |   | Delaware     |
| Rutherford Boulevard Associates Intermediate, LLC       |   | Delaware     |
| Rutherford Boulevard Associates, LLC                    |   | Delaware     |
| Sacramento Fourth Avenue Associates Intermediate,  LLC  |   | Delaware     |
| Sacramento Fourth Avenue Associates, LLC                |   | Delaware     |
| Savoy Village Associates Intermediate, LLC              |   | Delaware     |
| Savoy Village Associates, LLC                           |   | Delaware     |
| Seminole Ridge Associates Intermediate, LLC             |   | Delaware     |
| Seminole Ridge Associates, LLC                          |   | Delaware     |
| Seminole Suites Associates Intermediate, LLC            |   | Delaware     |
| Seminole Suites Associates, LLC                         |   | Delaware     |
| Silo Court Associates Intermediate, LLC                 |   | Delaware     |
| Silo Court Associates, LLC                              |   | Delaware     |
| South Carolina Associates Intermediate, LLC             |   | Delaware     |
| South Carolina Associates, LLC                          |   | Delaware     |
| Southeast Region I Intermediate, LLC                    |   | Delaware     |
| Southeast Region I, LLC                                 |   | Delaware     |
| Southeast Region II, LLC                                |   | Delaware     |
| Southeast Region III, LLC                               |   | Delaware     |
| Southeast Region IV Intermediate, LLC                   |   | Delaware     |
| Southeast Region IV, LLC                                |   | Delaware     |
| Southern Eagle Associates Intermediate, LLC             |   | Delaware     |
| Southern Eagle Associates, LLC                          |   | Delaware     |
| State College Intermediate, LLC                         |   | Delaware     |
| Sterling Way Associates Intermediate, LLC               |   | Delaware     |
| Sterling Way Associates, LLC                            |   | Delaware     |
| Stewart Hunter Housing LLC                              |   | Delaware     |
| Sycamore Avenue Associates Intermediate, LLC            |   | Delaware     |
| Sycamore Avenue Associates, LLC                         |   | Delaware     |
| Third Street Associates Intermediate, LLC               |   | Delaware     |
| Third Street Associates, LLC                            |   | Delaware     |
| Towmed Housing, LLC                                     |   | Delaware     |
| Towmed Intermediate, LLC                                |   | Delaware     |
| Twenty Seventh Street Associates Intermediate, LLC      |   | Delaware     |
| Twenty Seventh Street Associates, LLC                   |   | Delaware     |
| University Commons Associates, LLC                      |   | Delaware     |
| University Commons Intermediate Associates, LLC         |   | Delaware     |
| Urbana Associates Intermediate, LLC                     |   | Delaware     |
| Urbana Associates, LLC                                  |   | Delaware     |
| Vairo Boulevard Associates Intermediate, LLC            |   | Delaware     |
| Vairo Boulevard Associates, LP                          |   | Pennsylvania |
| Varsity Lane Associates Intermediate, LLC               |   | Delaware     |
| Varsity Lane Associates, LLC                            |   | Delaware     |
| W9/JP-M Real Estate Limited Partnership                 |   | Delaware     |
| Washington Avenue Associates Intermediate, LLC          |   | Delaware     |
| Washington Avenue Associates, LLC                       |   | Delaware     |
| WHGMH Realty, L.P.                                      |   | Delaware     |
| Willowtree Associates I Intermediate Non-Managing,  LLC |   | Delaware     |
| Willowtree Associates I Intermediate, LLC               |   | Delaware     |
| Willowtree Associates I, LLC                            |   | Delaware     |
| Willowtree Associates II Intermediate Non-Managing      |   | Delaware     |
| Willowtree Associates II Intermediate, LLC              |   | Delaware     |
| Willowtree Associates II, LLC                           |   | Delaware     |
| Woodhaven Circle Associates II, LLC                     |   | Delaware     |
| Woodhaven Circle Associates Intermediate II, LLC        |   | Delaware     |

 

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| Woodhaven Circle Associates Intermediate, LLC |   | Delaware |
|-----------------------------------------------|--------|----------|
| Woodhaven Circle Associates, LLC              |   | Delaware |

 

 

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