Exhibit 21.1
 State IncorporatedSubsidiaries of BFC Financial CorporationBFC Financial Corporation
    
    FloridaBankAtlantic Bancorp, Inc.
    
    FloridaWoodbridge Holdings, LLC
    
    FloridaEden Services, Inc.
    
    FloridaBFC Securities Corporation
    
    FloridaBankAtlantic Financial Ventures II, LLC
    
    FloridaI.R.E. Property Analysts, Inc.
    
    FloridaI.R.E. Energy 1981, Inc.
    
    FloridaSouthern National General Corporation
    
    FloridaKingsway Services Inc.
    
    FloridaBFC Shared Services Corporation
    
    FloridaRisk Management Services, LLC
    
    FloridaBFC/CCC, Inc.
    
    FloridaStratstone Financial, LLC
    
    DelawareB-D2 Holdings, LLC
    
    FloridaB-DJ Holdings, LLC
    
    FloridaB-26 Holdings, LLC
    
    FloridaD-2 Acquisition, LLC
    
    FloridaSubsidiaries of BFC/CCC, Inc.Cypress Creek 1515, Inc.
    
    FloridaCypress Creek Capital GP, LLC
    
    FloridaCCC East Tampa, LLC
    
    FloridaCCC East Kennedy GP, LLC
    
    FloridaCCC Real Estate Management, LLC
    
    FloridaLAS Trademark, LLC
    
    FloridaSubsidiaries of Stratstone Financial, LLCStratstone Advisors, LLC
    
    DelawareStratstone Securities, LLC
    
    DelawareSubsidiaries of Woodbridge Holdings, LLCWoodbridge Holdings, LLC
    
    FloridaBluegreen Corporation
    
    MassachusettsBankAtlantic Venture Partners 1, LLC
    
    FloridaBankAtlantic Venture Partners 2, LLC
    
    FloridaBankAtlantic Venture Partners 3, LLC
    
    FloridaBankAtlantic Venture Partners 4, LLC
    
    FloridaBankAtlantic Venture Partners 7, Inc
    
    FloridaBankAtlantic Venture Partners 8, Inc
    
    FloridaBankAtlantic Venture Partners 9, Inc
    
    FloridaBankAtlantic Venture Partners 10, Inc
    
    FloridaBankAtlantic Venture Partners 14, Inc
    
    FloridaBankAtlantic Venture Partners 15, Inc
    
    FloridaCarolina Oak Homes, LLC
    
    So. CarolinaCarolina Oak Homes Realty, LLC
    
    So. CarolinaCore Communities, LLC
    
    FloridaCypress Creek Capital Holdings, LLC
    
    FloridaCypress Creek Holding, LLC
    
    Delaware, Florida (as a foreign LLC)Levitt Commercial, LLC
    
    FloridaLevitt Insurance Service, LLC
    
    FloridaODI Program GP Corporation
    
    FloridaODI Program Partnership, LLLP
    
    FloridaPF Program Partnership, LP
    
    DelawareSnapper Creek Equity Management, LLC
    
    FloridaSouthern States Lending, LLC
    
    Florida




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State IncorporatedWoodbridge Financial, LLC
    
    FloridaPF Program GP LLC
    
    DelawareWoodbridge Executive Incentive Plan 1 LP
    
    FloridaWoodbridge Fund I LLC
    
    FloridaWoodbridge Overhead Funding LLC
    
    FloridaStratsone Program GP LLC
    
    DelawareStratstone Program Partnership I LLP
    
    DelawareLevitt Capital Trust I
    
    DelawareLevitt Capital Trust II
    
    DelawareLevitt Capital Trust III
    
    DelawareLevitt Capital Trust IV
    
    DelawareSubsidiaries of Levitt Commercial, LLCLevitt Commercial Andrews, LLC
    
    FloridaLevitt Commercial Boynton Commerce Center, LLC
    
    FloridaLevitt Commercial High Ridge II, LLC
    
    FloridaLevitt Commercial High Ridge, LLC
    
    FloridaLevitt Commercial Sawgrass, LLC
    
    FloridaLevitt Commercial Development, LLC
    
    FloridaLevitt Commercial Construction, LLC
    
    FloridaLevitt Village at Victoria Park, LLC
    
    FloridaSubsidiaries of Core Communities, LLCCore Commercial Group, LLC
    
    FloridaCore Commercial Realty, LLC
    
    FloridaCore Communities of South Carolina, LLC
    
    So. CarolinaHorizons Acquisition 7, LLC
    
    FloridaLake Charles Development Company, LLC
    
    FloridaSomerset Realty, LLC
    
    FloridaSt. Lucie Farms, LLC
    
    FloridaTradition Brewery, LLC
    
    FloridaTradition Construction, LLC
    
    FloridaTradition Outfitters, LLC
    
    FloridaTradition Title Company, LLC
    
    FloridaTradition Village Center, LLC
    
    FloridaCore Development Company, LLC
    
    MississippiCore Asset Advisors, LLC
    
    FloridaSubsidiaries of Core Commercial Group, LLCThe Landing Holding Company, LLC
    
    FloridaLanding Phase II, LLC
    
    FloridaSubsidiaries of Core Commercial Realty, LLCTradition Realty, LLC
    
    FloridaSubsidiaries of Tradition Realty, LLCTradition Referral, LLC
    
    FloridaSubsidiaries of Core Communities of South Carolina, LLCTradition of South Carolina Commercial Development, LLC
    
    South CarolinaTradition of South Carolina Construction, LLC
    
    South CarolinaTradition of South Carolina Commercial Development Company, LLC
    
    South CarolinaTradition of South Carolina Irrigation Company, LLC
    
    South CarolinaTradition Hilton Head Realty, LLC
    
    South CarolinaTradition of South Carolina Village Center, LLC
    
    South CarolinaTradition National Golf Club, LLC
    
    South Carolina




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State IncorporatedTradition Hilton Head, LLC
    
    South CarolinaSubsidiaries of The Landing Holding Company, LLCThe Landing at Tradition Development Company, LLC
    
    FloridaSubsidiaries of Bluegreen CorporationBBCV Receivables-Q 2010, LLC
    
    DelawareBig Cedar JV Interiors, LLC
    
    DelawareBluegreen Asset Management Corporation
    
    DelawareBluegreen Beverage, LLC
    
    DelawareBluegreen/Big Cedar Vacations, LLC
    
    DelawareBluegreen Communities, LLC
    
    DelawareBluegreen Communities of Georgia, LLC
    
    GeorgiaBluegreen Communities of Georgia Realty, Inc.
    
    GeorgiaBluegreen Communities of Texas, LP
    
    DelawareBluegreen Corporation
    
    MassachusettsBluegreen Corporation of Tennessee
    
    DelawareBluegreen Golf Clubs, Inc.
    
    DelawareBluegreen Guaranty Corporation
    
    FloridaBluegreen Holding Corporation (Texas)
    
    DelawareBluegreen Interiors, LLC
    
    DelawareBluegreen Louisiana, LLC
    
    DelawareBluegreen Nevada, LLC
    
    DelawareBluegreen New Jersey, LLC
    
    DelawareBluegreen Properties N.V.
    
    ArubaBluegreen Properties of Virginia, Inc.
    
    DelawareBluegreen Purchasing & Design, Inc.
    
    FloridaBluegreen Receivables Finance Corporation III
    
    DelawareBluegreen Receivables Finance Corporation V
    
    DelawareBluegreen Receivables Finance Corporation VI
    
    DelawareBluegreen Receivables Finance Corporation VII
    
    DelawareBluegreen Receivables Finance Corporation VIII
    
    DelawareBluegreen Receivables Finance Corporation IX
    
    DelawareBluegreen Receivables Finance Corporation X
    
    DelawareBluegreen Receivables Finance Corporation XI
    
    DelawareBluegreen Receivables Finance Corporation XII
    
    DelawareBluegreen Resorts International, Inc.
    
    DelawareBluegreen Resorts of Canada, Inc.
    
    CanadaBluegreen Resorts Management, Inc.
    
    DelawareBluegreen Servicing LLC
    
    DelawareBluegreen Southwest Land, Inc.
    
    DelawareBluegreen Southwest One, L.P.
    
    DelawareBluegreen Table Rock, LLC
    
    DelawareBluegreen Timeshare Finance Corporation I
    
    DelawareBluegreen Treasury Services, LLC
    
    DelawareBluegreen Vacations Unlimited, Inc.
    
    FloridaBRF Corporation 2007-A
    
    DelawareBRFC 2008-A, LLC
    
    DelawareBRFC 2009-A, LLC
    
    DelawareBRFC 2010-A, LLC
    
    DelawareBRFC III Deed Corporation
    
    DelawareBRFC-Q 2010, LLC
    
    DelawareThe Bridges Club Management, LLC
    
    TexasBridges Golf Private Club, Inc.
    
    TexasBXG Construction, LLC
    
    DelawareBXG Legacy 2010, LLC
    
    DelawareBXG Mineral Holdings, LLC
    
    DelawareBXG Realty, Inc.
    
    Delaware




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State IncorporatedBXG Realty Tenn, Inc.
    
    TennesseeCatawba Falls, LLC
    
    North CarolinaColorful Skies, LLC
    
    DelawareThe Communities at Havenwood, LLC
    
    TexasThe Communities at Lake Ridge, LLC
    
    TexasThe Communities at Saddle Creek, LLC
    
    TexasThe Communities at Sugar Tree, LLC
    
    TexasEncore Rewards, Inc.
    
    DelawareFamily Fun Company, LLC
    
    DelawareGreat Vacation Destinations, Inc.
    
    FloridaJordan Lake Preserve Corporation
    
    North CarolinaKing Oaks, LLC
    
    DelawareKing Oaks at College Station, LLC
    
    TexasLake Ridge Realty, Inc.
    
    TexasLeisure Capital Corporation
    
    VermontLeisure Communication Network, Inc.
    
    DelawareLeisurepath, Inc.
    
    FloridaManaged Assets Corporation
    
    DelawareMystic Shores at Canyon Lake, LLC
    
    TexasNew England Advertising Corporation
    
    VermontOutdoor Traveler Destinations, LLC
    
    FloridaPeachtree Real Estate Advisory Services, LLC
    
    DelawarePinnacle Vacations, Inc.
    
    DelawareResort Title Agency, Inc.
    
    FloridaSC Holdco, LLC
    
    DelawareSelect Connections, LLC
    
    DelawareSugar Tree on The Brazos, LLC
    
    DelawareTexas Homesite Realty, Inc.
    
    TexasTravelheads, Inc.
    
    FloridaThe Vineyard at Vintage Oaks, LLC
    
    TexasVintage Oaks at The Vineyard, LLC
    
    DelawareSubsidiaries of BankAtlantic Bancorp, Inc.BankAtlantic
    
    USBA-HD, LLC
    
    FloridaBA-TOL, LLC
    
    FloridaProMotion Sports & Entertainment, LLC
    
    FloridaBBC Capital Trust II
    
    DelawareBBC Capital Statutory Trust III
    
    ConnecticutBBC Capital Statutory Trust IV
    
    ConnecticutBBC Capital Trust V
    
    ConnecticutBBC Capital Trust VI
    
    DelawareBBC Capital Statutory Trust VII
    
    ConnecticutBBC Capital Trust VIII
    
    DelawareBBC Capital Trust IX
    
    DelawareBBC Capital Statutory Trust X
    
    ConnecticutBBC Capital Trust XI
    
    DelawareBBC Capital Trust XII
    
    DelawareBBX Capital Trust 2007 I(A)
    
    DelawareBBX Capital Trust 2007 II(A)
    
    DelawareBankAtlantic Bancorp Partners, Inc.
    
    FloridaRisk Services Group, LLC
    
    FloridaSubsidiaries of BankAtlantic Bancorp, Partners Inc.Heartwood Partners 1, LLC
    
    FloridaHeartwood Partners 2, LLC
    
    FloridaHeartwood Partners 3, LLC
    
    Florida




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State IncorporatedHeartwood Partners 4, LLC
    
    FloridaSubsidiaries of BankAtlanticBanc Servicing Center, LLC
    
    FloridaBankAtlantic Factors, LLC
    
    FloridaBA Community Development Corporation
    
    DelawareBA Equity Ventures, LLC
    
    FloridaBA Financial Services, LLC
    
    FloridaBAH Corp.
    
    DelawareBankAtlantic Leasing Inc.
    
    FloridaBankAtlantic Mortgage, LLC
    
    FloridaBankAtlantic Mortgage Partners, Inc.
    
    FloridaFidelity Service, LLC
    
    FloridaFidelity Tax, LLC
    
    FloridaHammock Homes, LLC
    
    FloridaFT Properties, LLC
    
    FloridaHeartwood 2, LLC
    
    FloridaHeartwood 3, LLC
    
    FloridaHeartwood 4, LLC
    
    FloridaHeartwood 7, LLC
    
    FloridaHeartwood 11, LLC
    
    FloridaHeartwood 13, LLC
    
    FloridaHeartwood 14, LLC
    
    FloridaHeartwood 16, LLC
    
    FloridaHeartwood 18, LLC
    
    FloridaHeartwood 19, LLC
    
    FloridaHeartwood 20, LLC
    
    FloridaHeartwood 21, LLC
    
    FloridaHeartwood 22, LLC
    
    FloridaHeartwood 23, LLC
    
    FloridaHeartwood 24, LLC
    
    FloridaHeartwood 30, LLC
    
    FloridaHeartwood 31, LLC
    
    FloridaHeartwood 32, LLC
    
    FloridaHeartwood 33, LLC
    
    FloridaHeartwood 34, LLC
    
    FloridaHeartwood 35, LLC
    
    FloridaHeartwood 36, LLC
    
    FloridaHeartwood 37, LLC
    
    FloridaHeartwood 38, LLC
    
    FloridaHeartwood 39, LLC
    
    FloridaHeartwood 40, LLC
    
    FloridaHeartwood 41, LLC
    
    FloridaHeartwood 42, LLC
    
    FloridaHeartwood 43, LLC
    
    FloridaHeartwood 44, LLC
    
    FloridaHeartwood 45, LLC
    
    FloridaHeartwood 46, LLC
    
    FloridaHeartwood 47, LLC
    
    FloridaHeartwood 48, LLC
    
    FloridaHeartwood 49, LLC
    
    FloridaHeartwood 50, LLC
    
    FloridaHeartwood 51, LLC
    
    FloridaHeartwood 52, LLC
    
    FloridaHeartwood 53, LLC
    
    FloridaHeartwood 54, LLC
    
    FloridaHeartwood 55, LLC
    
    FloridaHeartwood 56, LLC
    
    FloridaHeartwood 57, LLC
    
    FloridaHeartwood 58, LLC
    
    Florida




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State IncorporatedHeartwood 59, LLC
    
    FloridaHeartwood 60, LLC
    
    FloridaHeartwood 61, LLC
    
    FloridaHeartwood 62, LLC
    
    FloridaHeartwood 63, LLC
    
    FloridaHeartwood 64, LLC
    
    FloridaHeartwood 65, LLC
    
    FloridaHeartwood 66, LLC
    
    FloridaHeartwood 67, LLC
    
    FloridaHeartwood 68, LLC
    
    FloridaHeartwood 69, LLC
    
    FloridaHeartwood 70, LLC
    
    FloridaHeartwood 71, LLC
    
    FloridaHeartwood 72, LLC
    
    FloridaHeartwood 73, LLC
    
    FloridaHeartwood 74, LLC
    
    FloridaHeartwood 75, LLC
    
    FloridaHeartwood 76, LLC
    
    FloridaHeartwood 77, LLC
    
    FloridaHeartwood 78, LLC
    
    FloridaHeartwood 79, LLC
    
    FloridaHeartwood 80, LLC
    
    FloridaHeartwood 81, LLC
    
    FloridaHeartwood 82, LLC
    
    FloridaHeartwood 83, LLC
    
    FloridaHeartwood 84, LLC
    
    FloridaHeartwood 85, LLC
    
    FloridaHeartwood 86, LLC
    
    FloridaHeartwood 87, LLC
    
    FloridaHeartwood 88, LLC
    
    FloridaHeartwood 90, LLC
    
    FloridaHeartwood 91, LLC
    
    FloridaHeartwood 91-1, LLC
    
    FloridaHeartwood 91-2, LLC
    
    FloridaHeartwood 91-3, LLC
    
    FloridaHeartwood 91-4, LLC
    
    FloridaHeartwood 92, LLC
    
    FloridaHeartwood 93, LLC
    
    FloridaHeartwood 94, LLC
    
    FloridaHeartwood 95, LLC
    
    FloridaHeartwood 96, LLC
    
    FloridaHeartwood 97, LLC
    
    FloridaHeartwood 98, LLC
    
    FloridaHeartwood 99, LLC
    
    FloridaHeartwood 100, LLC
    
    FloridaHeartwood 101, LLC
    
    FloridaHeartwood 102, LLC
    
    FloridaHeartwood 103, LLC
    
    FloridaHeartwood 104, LLC
    
    FloridaHeartwood 105, LLC
    
    FloridaHeartwood 106, LLC
    
    FloridaHeartwood 107, LLC
    
    FloridaHeartwood 108, LLC
    
    FloridaHeartwood 109, LLC
    
    FloridaHeartwood 110, LLC
    
    FloridaHeartwood 111, LLC
    
    FloridaSunrise Atlantic, LLC
    
    FloridaPalm River Development Co., Inc.
    
    FloridaPalm River Realty, Inc.
    
    Florida




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State IncorporatedProfessional Valuation Services, LLC
    
    FloridaHeartwood Holdings, Inc.
    
    FloridaLeasing Technology, Inc.
    
    FloridaSubsidiaries of BA Equity Ventures, LLCBA-GR, LLC
    
    FloridaBA-SL, LLC
    
    FloridaSubsidiaries of Palm River Development Co., Inc.River Club of Vero Beach, LLC
    
    Florida