Exhibit 21.1
 BFC Financial Corporation
 List of Subsidiaries
 StateIncorporatedSubsidiaries of BFC Financial CorporationBankAtlantic Bancorp, Inc.
    
    FloridaWoodbridge Holdings Corporation (formerly Levitt Corporation)
    
    FloridaEden Services, Inc.
    
    FloridaBFC Securities Corp
    
    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
    
    FloridaI.R.E. Real Estate Investments Inc.
    
    FloridaBFC/CCC, Inc. (formerly Cypress Creek Capital, Inc.)
    
    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
    
    FloridaCCC GP I, LLC
    
    FloridaSubsidiaries of BankAtlantic Bancorp, Inc.BankAtlantic
    
    USBA-HD, LLC
    
    FloridaBA-TOL, LLC
    
    FloridaATM Services, 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
    
    Florida




---



##### 



StateIncorporatedSubsidiaries 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 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 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 Co., Inc.
    
    FloridaRiver Club of Vero Beach, LLC
    
    FloridaProfessional Valuation Services, LLC
    
    FloridaHeartwood Holdings, Inc.
    
    FloridaLeasing Technology, Inc.
    
    FloridaSubsidiaries of BA Equity Ventures, LLCBA-GR, LLC
    
    FloridaBA-SL, LLC
    
    Florida




---



##### 



StateIncorporatedSubsidiaries of Woodbridge Holdings CorporationBankAtlantic 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. 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
    
    FloridaWoodbridge Capital Corporation
    
    FloridaWoodbridge Equity Fund, LLLP
    
    FloridaWoodbridge Equity Fund II, LLP
    
    FloridaSnapper Creek Equity Management, LLP
    
    FloridaWoodbridge Financial, LLC
    
    FloridaSubsidiaries 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 Village at Victoria Park, LLC
    
    FloridaSubsidiaries of Levitt Commercial Development, LLCLevitt Commercial Construction, LLC
    
    Florida




---



##### 



StateIncorporatedSubsidiaries of Core Communities, LLCCore Commercial Group, LLC
    
    FloridaCore Commercial Realty, LLC
    
    FloridaCore Communities of South Carolina, LLC (f/k/a Core
Communities S.C. Operations, 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 Health & Fitness LLC
    
    FloridaTradition Irrigation Company, LLC
    
    FloridaTradition Mortgage, 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 (f/k/a Town Hall at Tradition, LLC)
    
    FloridaSubsidiaries of Core Commercial Realty, LLCTradition Realty, LLC
    
    FloridaTradition Referral, LLC
    
    FloridaSubsidiaries of Core Communities of South Carolina, LLC
(S.C. LLC)Tradition 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 (f/k/a Tradition of South
Carolina Realty, LLC)
    
    South CarolinaTradition of South Carolina Village Center, LLC
    
    South CarolinaTradition National Golf Club, LLC (f/k/a TSCG 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
    
    FloridaPartnerships of Woodbridge Capital CorporationWoodbridge Equity Fund, LLLP
    
    Florida