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Exhibit 21.1
 BFC Financial Corporation
List of Subsidiaries
 State ofIncorporationSubsidiaries of BFC Financial CorporationBankAtlantic Bancorp, Inc.
    
    FloridaLevitt Corporation
    
    FloridaBankAtlantic Financial Technology Venture Partners, LLC
    
    FloridaBankAtlantic Financial Ventures II, LLC
    
    FloridaBFC Securities Corp
    
    FloridaBFC Shared Services Corporation (formerly known as I.R.E. Computer Resources, Inc)
    
    FloridaCenter Port Development, Inc.
    
    FloridaCypress Creek Capital, Inc.
    
    FloridaCypress Creek 1515, Inc.
    
    FloridaCypress Creek Capital GP, LLC
    
    FloridaCCC East Tampa, LLC
    
    FloridaEden Services, Inc.
    
    FloridaH.K. General Corporation
    
    FloridaI.R.E. Advisors Series 26, Corp
    
    FloridaI.R.E. Advisors Series 28, Corp
    
    FloridaI.R.E. BMOC, Inc.
    
    FloridaI.R.E. Energy 1981. Inc
    
    FloridaI.R.E. Property Analysts, Inc.
    
    FloridaI.R.E. Real Estate Investments Inc.
    
    FloridaI.R.E. Real Estate Investments Series 2, Inc.
    
    FloridaI.R.E. Realty Advisory Group, Inc.
    
    FloridaKingsway Services Inc.
    
    FloridaRisk Management Services, LLC
    
    FloridaS&P General Corporation
    
    FloridaSouthern National General Corporation
    
    FloridaW.P. General Corporation
    
    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
    
    DelawareBankAtlantic Bancorp Partners, Inc.
    
    FloridaRisk Services Group, LLC
    
    FloridaRB Holdings, Inc.
    
    New Jersey




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State ofIncorporationSubsidiaries of RB Holdings, IncRyan Beck & Co., Inc.
    
    New JerseyRyan Beck Management Co., Inc.
    
    DelawareRyan Beck Investment Management, LLC
    
    DelawareSubsidiaries of Ryan Beck & Co., Inc.Executive Tax Advisors, Inc.
    
    New JerseyRyan Beck Planning and Insurance Agency Inc.
    
    New JerseyRyan Beck Life Agency, Inc.
    
    New YorkGruntal Insurance Agency, L.L.C.
    
    MassachusettsSubsidiaries 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




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State of 
IncorporationSubsidiaries of Levitt 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.
    
    FloridaCore Communities, LLC
    
    FloridaCypress Creek Holding, LLC
    
    DelawareLevitt and Sons, LLC
    
    FloridaLevitt Commercial, LLC
    
    FloridaLevitt Insurance Service, 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
    
    FloridaSubsidiaries of Core Communities, LLCCore Commercial Group, LLC
    
    FloridaCore Commercial Realty, LLC
    
    FloridaCore Communities of Georgia, LLC
    
    FloridaCore Communities of South Carolina, 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
    
    FloridaSt. Lucie West Realty, 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
    
    Florida




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State of
 IncorporationSubsidiaries of Core Commercial Group, LLCThe Landing Holding Company, LLC
    
    FloridaTown Hall at Tradition, LLC
    
    FloridaSubsidiaries of Core Commercial Realty, LLCTradition Realty, LLC
    
    FloridaSubsidiaries of Core Communities of
South Carolina, LLC, a South Carolina LLCTradition of South Carolina Brewery, LLC
    
    So. CarolinaTradition of South Carolina Commercial Development, LLC
    
    So. CarolinaTradition of South Carolina Construction, LLC
    
    So. CarolinaTradition of South Carolina Development Company, LLC
    
    So. CarolinaTradition of
South Carolina Irrigation Company, LLC
    
    So. CarolinaTradition of South Carolina Marketing, LLC
    
    So. CarolinaTradition of South Carolina Mortgage, LLC
    
    So. CarolinaTradition of South Carolina Real Estate, LLC
    
    So. CarolinaTradition of South Carolina Realty, LLC
    
    So. CarolinaTradition of
South Carolina Title Company, LLC
    
    So. CarolinaTradition of South Carolina Town Hall, LLC
    
    So. CarolinaTradition of South Carolina Village Center, LLC
    
    So. CarolinaTSCG Club, LLC
    
    So. CarolinaTSCGR Holding, LLC
    
    So. CarolinaTSCR Club, LLC
    
    So. CarolinaSubsidiaries of The Landing Holding Company, LLCThe Landing
at Tradition Development Company, LLC
    
    FloridaSubsidiaries of Levitt and Sons, LLCAvalon Park by Levitt and Sons, LLC
    
    FloridaCascades by Levitt and Sons, LLC
    
    FloridaLevitt and Sons at Hawks Haven, LLC
    
    FloridaLevitt and Sons at Hunters Creek, LLC
    
    FloridaLevitt and Sons at Tradition, LLC
    
    FloridaLevitt and Sons at World Golf Village, LLC
    
    FloridaLevitt and Sons of Flagler County, LLC
    
    FloridaLevitt and Sons of Georgia, LLC
    
    GeorgiaLevitt GP, LLC
    
    FloridaLevitt and Sons of Hernando County, LLC
    
    FloridaLevitt and Sons of Lake County, LLC
    
    FloridaLevitt and Sons of Lee County, LLC
    
    FloridaLevitt and Sons of Manatee County, LLC
    
    FloridaLevitt and Sons of Orange County, LLC
    
    FloridaLevitt and Sons of Osceola County, LLC
    
    FloridaLevitt and Sons of Seminole County, LLC
    
    FloridaLevitt and Sons of South Carolina, LLC
    
    So. CarolinaLevitt and Sons of Tennessee, LLC
    
    TNLevitt and Sons, Inc.
    
    FloridaLevitt and Sons, Incorporated
    
    DelawareLevitt Construction Corp. East
    
    FloridaLevitt Construction East, LLC
    
    FloridaLevitt Homes Bellaggio Partners, LLC
    
    FloridaLevitt Homes, LLC
    
    FloridaLevitt Industries, LLC
    
    FloridaLevitt Realty Services, Inc.
    
    FloridaLevitt Realty Services, LLC
    
    FloridaMagnolia Lakes by Levitt and Sons, LLC
    
    FloridaRegency Hills by Levitt and Sons, LLC
    
    Florida




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State of IncorporationSubsidiaries of Levitt and Sons of Georgia, LLCLevitt and Sons of Cherokee County, LLC
    
    GeorgiaLevitt and Sons of Hall County, LLC
    
    GeorgiaLevitt and Sons of Paulding County, LLC
    
    GeorgiaLevitt and Sons Realty Georgia, LLC
    
    GeorgiaLevitt Title, LLC
    
    GeorgiaSubsidiaries of Levitt and Sons of South Carolina, LLCLevitt and Sons of Horry County, LLC
    
    So. CarolinaLevitt and Sons of Jasper County, LLC`
    
    So. CarolinaLevitt and Sons Realty South Carolina, LLC
    
    So. CarolinaLevitt Construction South Carolina, LLC
    
    So. CarolinaSubsidiaries of Levitt and Sons of Tennessee, LLCBowden Building Corporation
    
    TNLevitt and Sons of Nashville, LLC
    
    TNLevitt and Sons of Shelby County, LLC
    
    TNSubsidiaries of Levitt Homes, LLCBankAtlantic Venture Partners 5, LLC
    
    FloridaBellaggio by Levitt and Sons, LLC
    
    FloridaLevitt at Amherst, LLC
    
    FloridaLevitt at Huntington Lakes, LLC
    
    FloridaLevitt at Twin Acres, LLC
    
    FloridaLevitt at Westchester West, LLC
    
    FloridaLevitt at Westchester, LLC
    
    FloridaLevitt Hagen Ranch, LLC
    
    FloridaLevitt Homes at Waters Edge, Inc.
    
    New YorkLM Mortgage Company, LLC
    
    FloridaThe Villages at Emerald Lakes, LLC
    
    FloridaU.F.C. Title Insurance Agency, LLC
    
    FloridaSubsidiaries of Levitt Industries, LLCLev-Brn, LLC
    
    FloridaSummerport by Levitt and Sons, LLC
    
    FloridaStatutory Business TrustsLevitt Capital Trust I
    
    DelawareLevitt Capital Trust II
    
    DelawareLevitt Capital Trust III
    
    DelawareLevitt Capital Trust IV
    
    Delaware