Exhibit 21.1
 StateIncorporatedSubsidiaries 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
    
    DelawareSubsidiaries 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
    
    FloridaCCC GP I, 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
    
    FloridaDelaware, FloridaCypress Creek Holding, LLC
    
    (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
    
    FloridaWoodbridge Financial, LLC
    
    Florida




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StateIncorporatedSubsidiaries 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 5, LLC
    
    FloridaHorizons Acquisition 7, LLC
    
    FloridaHorizons St. Lucie Development, LLC
    
    FloridaLake Charles Development Company, LLC
    
    FloridaSomerset Realty, LLC
    
    FloridaSt. Lucie Farms, LLC
    
    FloridaSt. Lucie West Development Company, LLC
    
    FloridaTradition Brewery, LLC
    
    FloridaTradition Construction, LLC
    
    FloridaTradition Development Company, LLC
    
    FloridaTradition Irrigation Company, 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 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 CarolinaTradition Hilton Head, LLC
    
    South CarolinaSubsidiaries of Horizons St. Lucie Development, LLCTradition Research Park, LLC
    
    FloridaFlorida Center for Innovation at Tradition, LLC
    
    FloridaVillage Pointe at Tradition, LLC
    
    FloridaSubsidiaries of The Landing Holding Company, LLCThe Landing at Tradition Development Company, LLC
    
    FloridaSubsidiaries of Tradition Development Company, LLCTradition Outlet, LLC
    
    FloridaTradition House, LLC
    
    Florida




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StateIncorporatedSubsidiaries of Bluegreen CorporationBentwater Realty, Inc.
    
    TexasBig Cedar JV Interiors, LLC
    
    DelawareBluegreen Asset Management Corporation
    
    DelawareBluegreen Beverage, LLC
    
    DelawareBluegreen/Big Cedar Vacations, LLC
    
    DelawareBluegreen Carolina Lands, LLC
    
    DelawareBluegreen Communities, LLC
    
    DelawareBluegreen Communities of Georgia, LLC
    
    GeorgiaBluegreen Communities of Georgia Realty, Inc.
    
    GeorgiaBluegreen Communities of Houston  I, LLC
    
    DelawareBluegreen Communities of Texas, LP
    
    DelawareBluegreen Corporation
    
    MassachusettsBluegreen Corporation of Tennessee
    
    DelawareBluegreen Corporation of The Rockies
    
    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.
    
    FloridaBluegreen West Corporation
    
    DelawareBRF Corporation 2007-A
    
    DelawareBRFC 2008-A LLC
    
    DelawareBRFC III Deed Corporation
    
    DelawareBrickshire Realty, Inc.
    
    VirginiaThe Bridges Club Management, LLC
    
    TexasBridges Golf Private Club, Inc.
    
    TexasBXG Acquisition Corp.
    
    DelawareBXG Construction, LLC
    
    DelawareBXG Mineral Holdings, LLC
    
    DelawareBXG Realty, Inc.
    
    DelawareBXG Realty Tenn, Inc.
    
    TennesseeBXG TTI Purchaser LLC
    
    Delaware




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StateIncorporatedCarolina National Golf Club, Inc.
    
    North CarolinaCatawba 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.
    
    DelawareGreat Vacation Destinations, Inc. (f/k/a Leisure Plan, Inc.)
    
    FloridaJordan Lake Preserve Corporation
    
    North CarolinaKing Oaks, LLC
    
    DelawareKing Oaks at College Station
    
    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
    
    VermontPeachtree Real Estate Advisory Services, LLC
    
    DelawarePinnacle Vacations, Inc.
    
    DelawarePreserve at Jordan Lake Realty, Inc.
    
    North CarolinaResort Title Agency, Inc.
    
    FloridaSC HOLDCO, LLC
    
    DelawareSelect Connections, LLC
    
    DelawareSugar Tree on The Brazos, LLC
    
    DelawareTexas Hill Country Realty, Inc.
    
    TexasTexas Homesite Realty, Inc. (f/k/a Mystic Shores Realty, Inc.)
    
    Texastravelheads, inc.
    
    FloridaThe Vinetyard 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 BankAtlanticBanc Servicing Center, LLC
    
    FloridaBankAtlantic Factors, LLC
    
    FloridaBA Community Development Corporation
    
    Delaware




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StateIncorporatedBA Equity Ventures, LLC
    
    FloridaBA Financial Services, LLC
    
    FloridaBAH Corporation
    
    DelawareBankAtlantic Leasing, Inc.
    
    FloridaBankAtlantic Mortgage, LLC
    
    FloridaBankAtlantic Mortgage Partners, Inc.
    
    FloridaFidelity Service, LLC
    
    FloridaFidelity Tax, LLC
    
    FloridaHammock Homes, LLC
    
    FloridaFT Properties, LLC
    
    FloridaHeartwood 11, LLC
    
    FloridaHeartwood 13, LLC
    
    FloridaHeartwood 14, LLC
    
    FloridaHeartwood 16, LLC
    
    FloridaHeartwood 18, LLC
    
    FloridaHeartwood 19, LLC
    
    FloridaHeartwood 2, LLC
    
    FloridaHeartwood 20, LLC
    
    FloridaHeartwood 21, LLC
    
    FloridaHeartwood 22, LLC
    
    FloridaHeartwood 23, LLC
    
    FloridaHeartwood 24, LLC
    
    FloridaHeartwood 3, LLC
    
    FloridaHeartwood 4, LLC
    
    FloridaHeartwood 7, 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
    
    FloridaSunrise Atlantic, LLC
    
    FloridaPalm River Development Company, Inc.
    
    FloridaPalm River Realty, Inc.
    
    FloridaProfessional 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 Company, Inc.River Club at Vero Beach, LLC
    
    FloridaSubsidiaries of BankAtlantic Bancorp Partners, Inc.Heartwood Partners 1, LLC
    
    FloridaHeartwood Partners 2, LLC
    
    FloridaHeartwood Partners 3, LLC
    
    FloridaHeartwood Partners 4, LLC
    
    Florida