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Exhibit 21.1
 SUBSIDIARIES OF POST PROPERTIES, INC.  (as of December 31, 2006)
 Name
    
    State of Formation98 San Jac Condo Investment, LLC
    
    Georgia98 San Jac Condo Limited Partnership
    
    Georgia98 San Jac Condo Management, LLC
    
    Georgia98 San Jac Holdings Limited Partnership
    
    Georgia98 San Jac Holdings Management, LLC
    
    Georgia98 San Jac Rental Limited Partnership
    
    Georgia98 San Jac Rental Management, LLC
    
    Georgia1499 Massachusetts Avenue, Inc.
    
    Delaware1499 Massachusetts Holding, LLC
    
    Delaware3630 Condo Holdings, LLC
    
    Georgia3630 North Tower Residential, LLC
    
    Georgia3630 Peachtree Road Holdings Limited Partnership
    
    Georgia3630 Residential GP, LLC
    
    Georgia3630 South Tower Residential, LLC
    
    GeorgiaAddison Circle Access, Inc.
    
    DelawareAddison Townhomes One, Ltd.
    
    TexasAkard-McKinney Investment Company, LLC
    
    TexasAlexander Condominium Development I, LLC
    
    GeorgiaAlexander Condominium Development II, LLC
    
    GeorgiaAllen Plaza Mixed Use, LLC
    
    GeorgiaArmada Homes, Inc.
    
    DelawareArmada Phoenix Townhomes, LLC
    
    TexasArmada Residences, L.P.
    
    GeorgiaBlock 588 Condominium Development, L.P.
    
    GeorgiaBlock 588 GP, LLC
    
    GeorgiaBlock 588 LP, LLC
    
    GeorgiaBriarcliff Commercial Property, LLC
    
    GeorgiaCarlyle Condominium Development, LLC
    
    GeorgiaCarlyle Condominium Development II, LLC
    
    GeorgiaCitrus Park Condominium Development, LLC
    
    GeorgiaClyde Lane Condominium Development GP, LLC
    
    GeorgiaClyde Lane Condominium Development Holding, LLC
    
    GeorgiaClyde Lane Condominium Development, L.P.
    
    GeorgiaCumberland Lake, Inc.
    
    GeorgiaHarbour I Condominium Development, LLC
    
    GeorgiaHyde Park Walk Condominium Development, LLC
    
    GeorgiaP/C First Avenue LLC
    
    DelawarePark Condominium Development, LLC
    
    GeorgiaPark Land Development, LLC
    
    GeorgiaPeachtree Condominium Development, LLC
    
    GeorgiaPF Apartments, LLC
    
    GeorgiaPMBC Austin Limited Partnership
    
    GeorgiaPost 1499 Massachusetts, LLC
    
    GeorgiaPost Apartment Homes, L.P.
    
    GeorgiaPost Asset Management, Inc.
    
    GeorgiaPost Austin Triangle, L.P.
    
    GeorgiaPost Biltmore, LLC
    
    Delaware




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Name
    
    State of FormationPost Carlyle I, LLC
    
    GeorgiaPost Carlyle II, LLC
    
    DelawarePost Carlyle Services, LLC
    
    GeorgiaPost Construction Services, Inc
    
    GeorgiaPost Development Services Limited Partnership
    
    GeorgiaPost GP Holdings, Inc.
    
    GeorgiaPost Landscape Group, Inc.
    
    GeorgiaPost LP Holdings, Inc.
    
    GeorgiaPost Midtown Square GP, LLC
    
    GeorgiaPost Midtown Square, L.P.
    
    GeorgiaPost Park, LLC
    
    GeorgiaPost Paseo Colorado, LLC
    
    DelawarePost Peachtree, LLC
    
    DelawarePost Rice Lofts, LLC
    
    TexasPost Services, Inc.
    
    GeorgiaPost Triangle, LLC
    
    GeorgiaPost TRS Condo I, LLC
    
    GeorgiaPost TRS, Inc
    
    GeorgiaPost West Avenue Lofts, L.P.
    
    GeorgiaPost West Avenue, LLC
    
    GeorgiaPost Wilson Buildings, LLC
    
    GeorgiaPost-AmerUs American Beauty Mill, L.P.
    
    GeorgiaPost-AmerUs Bennie Dillon, L.P.
    
    GeorgiaPost-AmerUs Rice Lofts, L.P.
    
    GeorgiaPost-AmerUs Wilson Building II, L.P.
    
    GeorgiaPost-AmerUs Wilson Building, L.P.
    
    GeorgiaPresidential Heights, LLC
    
    DelawarePSI 3630 Peachtree, LLC
    
    GeorgiaRB Holdings, LLC
    
    GeorgiaResidential Ventures, Inc.
    
    GeorgiaRice Lofts, LP
    
    TexasRise Condominium Development GP, LLC
    
    GeorgiaRise Condominium Development Holding, LLC
    
    GeorgiaRise Condominium Development, L.P.
    
    GeorgiaRiverside Villas, LLC
    
    GeorgiaRocky Point Management, Inc.
    
    GeorgiaRose Hill Associates, LLC
    
    DelawareSoho Condominium Development, LLC
    
    GeorgiaSTS Loan & Management, Inc.
    
    GeorgiaSTS Loan, L.P.
    
    GeorgiaThe Potomac at Fallsgrove, LLC
    
    DelawareUptown Denver, LLC
    
    ColoradoVillas at Parkway Village, LP
    
    GeorgiaVillas GP, LLC
    
    Georgia