CNL RETIREMENT PROPERTIES, INC.

AND SUBSIDIARIES



EXHIBIT 21



SUBSIDIARIES OF THE REGISTRANT



The following is a list of the subsidiaries of the registrant and the state of incorporation for each:



|                                                        |  |                       
|------------------------------------------------------- |  | ----------------------
|Name of Subsidiary                                      |  | State of Incorporation
|CNL Retirement Properties, Inc.                         |  | Maryland              
|CNL Retirement Partners, LP                             |  | Delaware              
|Annapolis Assisted Living, LLC                          |  | Maryland              
|Aurora MOB Owner LLC                                    |  | Delaware              
|Baytown MOB Partners, Ltd.                              |  | Florida               
|Brentwood MOB Owners LLC                                |  | Delaware              
|Chattanooga Plaza Owners Limited Partnership            |  | Delaware              
|Chattanooga Surgery Center Owners Limited Partnership   |  | Delaware              
|CNL Retirement AM / Colorado LP                         |  | Delaware              
|CNL Retirement AM / Florida LP                          |  | Delaware              
|CNL Retirement AM / Illinois LP                         |  | Delaware              
|CNL Retirement AM / Tennessee LP                        |  | Delaware              
|CNL Retirement AM / Texas LP                            |  | Delaware              
|CNL Retirement Aur1 California A Pack GP, LLC           |  | Delaware              
|CNL Retirement Aur1 California A Pack, LP               |  | Delaware              
|CNL Retirement Aur1 California B Pack GP, LLC           |  | Delaware              
|CNL Retirement Aur1 California B Pack, LP               |  | Delaware              
|CNL Retirement Aur1 Connecticut GP, LLC                 |  | Delaware              
|CNL Retirement Aur1 Connecticut, LP                     |  | Delaware              
|CNL Retirement Aur1 GP, LLC                             |  | Delaware              
|CNL Retirement Aur1, LP                                 |  | Delaware              
|CNL Retirement Aur1 Maryland GP, LLC                    |  | Delaware              
|CNL Retirement Aur1 Maryland, LP                        |  | Delaware              
|CNL Retirement Aur1 Massachusetts GP, LLC               |  | Delaware              
|CNL Retirement Aur1 Massachusetts, LP                   |  | Delaware              
|CNL Retirement Aur1 New Jersey GP, LLC                  |  | Delaware              
|CNL Retirement Aur1 New Jersey, LP                      |  | Delaware              
|CNL Retirement Aur1 Virginia GP, LLC                    |  | Delaware              
|CNL Retirement Aur1 Virginia, LP                        |  | Delaware              
|CNL Retirement Camarillo CA, LP                         |  | Delaware              
|CNL Retirement CH1 Saddle River GP, LLC                 |  | Delaware              
|CNL Retirement CH1 Saddle River, LP                     |  | Delaware              
|CNL Retirement Clayton OH, LP                           |  | Delaware              
|CNL Retirement CRS1 Coppell TX GP, LLC                  |  | Delaware              
|CNL Retirement CRS1 Coppell TX, LP                      |  | Delaware              
|CNL Retirement CRS1 Delphis Lead Lender Partner 1, Inc. |  | Delaware              
|CNL Retirement CRS1 Delphis Lead Lender Partner 2, Inc. |  | Delaware              
|CNL Retirement CRS1 Delphis Lead Lender, LP             |  | Delaware              
|CNL Retirement CRS1 Delphis Participating Lender, LP    |  | Delaware              
|CNL Retirement CRS1 Glen Lakes Dallas TX GP, LLC        |  | Delaware              
|CNL Retirement CRS1 Glen Lakes Dallas TX, LP            |  | Delaware              
|CNL Retirement CRS1 GP, LLC                             |  | Delaware              
|CNL Retirement CRS1, LP                                 |  | Delaware              
|CNL Retirement CRS1 Oklahoma City OK GP, LLC            |  | Delaware              
|CNL Retirement CRS1 Park Cities Dallas TX GP, LLC       |  | Delaware              
|CNL Retirement CRS1 Park Cities Dallas TX, LP           |  | Delaware              









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|                                                       |  |                       
|------------------------------------------------------ |  | ----------------------
|Name of Subsidiary                                     |  | State of Incorporation
|CNL Retirement CRS1 Trophy Club TX GP, LLC             |  | Delaware              
|CNL Retirement CRS1 Trophy Club TX, LP                 |  | Delaware              
|CNL Retirement CRS1 Valley View Dallas TX GP, LLC      |  | Delaware              
|CNL Retirement CRS1 Valley View Dallas TX, LP          |  | Delaware              
|CNL Retirement CRS2 GP, LLC                            |  | Delaware              
|CNL Retirement CRS2, LP                                |  | Delaware              
|CNL Retirement CRS2 Ogden UT GP, LLC                   |  | Delaware              
|CNL Retirement CRS2 Ogden UT, LP                       |  | Delaware              
|CNL Retirement Dartmouth MA, LP                        |  | Delaware              
|CNL Retirement DAS Blue Ridge GA GP, LLC               |  | Delaware              
|CNL Retirement DAS Brentwood CA GP, LLC                |  | Delaware              
|CNL Retirement DAS Chattanooga TN GP, LLC              |  | Delaware              
|CNL Retirement DAS Cypress TX GP, LLC                  |  | Delaware              
|CNL Retirement DAS Cypress TX, LP                      |  | Delaware              
|CNL Retirement DAS Evansville IN GP, LLC               |  | Delaware              
|CNL Retirement DAS Fredericksburg VA GP, LLC           |  | Delaware              
|CNL Retirement DAS Fredericksburg VA, LP               |  | Delaware              
|CNL Retirement DAS GP, LLC                             |  | Delaware              
|CNL Retirement DAS Granbury TX GP, LLC                 |  | Delaware              
|CNL Retirement DAS Jackson II MS GP, LLC               |  | Delaware              
|CNL Retirement DAS Jackson MS GP, LLC                  |  | Delaware              
|CNL Retirement DAS Lancaster TX GP, LLC                |  | Delaware              
|CNL Retirement DAS Lender GP, LLC                      |  | Delaware              
|CNL Retirement DAS Lender, LP                          |  | Delaware              
|CNL Retirement DAS Lexington KY GP, LLC                |  | Delaware              
|CNL Retirement DAS Little Rock AR GP, LLC              |  | Delaware              
|CNL Retirement DAS, LP                                 |  | Delaware              
|CNL Retirement DAS Marion IL GP, LLC                   |  | Delaware              
|CNL Retirement DAS Milton FL GP, LLC                   |  | Delaware              
|CNL Retirement DAS Nassau Bay TX GP, LLC               |  | Delaware              
|CNL Retirement DAS Oakbrook IL GP, LLC                 |  | Delaware              
|CNL Retirement DAS Oakbrook IL, LP                     |  | Delaware              
|CNL Retirement DAS Parker CO GP, LLC                   |  | Delaware              
|CNL Retirement DAS Parker II CO GP, LLC                |  | Delaware              
|CNL Retirement DAS Parker II CO, LP                    |  | Delaware              
|CNL Retirement DAS Pearland TX GP, LLP                 |  | Delaware              
|CNL Retirement DAS Pearland TX, LP                     |  | Delaware              
|CNL Retirement DAS Petersburg VA GP, LLC               |  | Delaware              
|CNL Retirement DAS Petersburg VA, LP                   |  | Delaware              
|CNL Retirement DAS Pipeline 1, LLC                     |  | Delaware              
|CNL Retirement DAS Rodney Parham Little Rock AR, LP    |  | Delaware              
|CNL Retirement DAS Scottsdale AZ GP, LLC               |  | Delaware              
|CNL Retirement DAS South University Little Rock AR, LP |  | Delaware              
|CNL Retirement DAS Towson MD GP, LLC                   |  | Delaware              
|CNL Retirement DAS Towson MD, LP                       |  | Delaware              
|CNL Retirement DAS Towson Real Estate, LLC             |  | Delaware              
|CNL Retirement DAS Texarkana TX GP, LLC                |  | Delaware              
|CNL Retirement DAS Tranche 1 GP, LLC                   |  | Delaware              
|CNL Retirement DAS Westminster CO GP, LLC              |  | Delaware              
|CNL Retirement DAS Westminster CO, LP                  |  | Delaware              
|CNL Retirement DSL1 Alabama, LP                        |  | Delaware              
|CNL Retirement DSL1 GP, LLC                            |  | Delaware              
|CNL Retirement Eby1 Davenport IA, LP                   |  | Delaware              
|CNL Retirement Eby1 GP, LLC                            |  | Delaware              
|CNL Retirement Eby1 Illinois GP, LLC                   |  | Delaware              
|CNL Retirement Eby1 Illinois, LP                       |  | Delaware              









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|                                            |  |                       
|------------------------------------------- |  | ----------------------
|Name of Subsidiary                          |  | State of Incorporation
|CNL Retirement Eby1 Iowa GP, LLC            |  | Delaware              
|CNL Retirement Eby1 Marion IA, LP           |  | Delaware              
|CNL Retirement Eby1, LP                     |  | Delaware              
|CNL Retirement Eden1 Florida GP, LLC        |  | Delaware              
|CNL Retirement Eden1 Gainesville FL, LLLP   |  | Delaware              
|CNL Retirement Eden1 Jacksonville FL, LLLP  |  | Delaware              
|CNL Retirement Eden1 Tallahassee FL, LLLP   |  | Delaware              
|CNL Retirement Eden2 A Pack GP, LLC         |  | Delaware              
|CNL Retirement Eden2 A Pack, LP             |  | Delaware              
|CNL Retirement Eden2 B Pack GP, LLC         |  | Delaware              
|CNL Retirement Eden2 B Pack, LP             |  | Delaware              
|CNL Retirement Eden2 Georgia GP, LLC        |  | Delaware              
|CNL Retirement Eden2 Georgia, LP            |  | Delaware              
|CNL Retirement Eden2 GP, LLC                |  | Delaware              
|CNL Retirement Eden2, LP                    |  | Delaware              
|CNL Retirement Eden2 North Carolina GP, LLC |  | Delaware              
|CNL Retirement Eden2 North Carolina, LP     |  | Delaware              
|CNL Retirement Enc1 A Pack GP, LLC          |  | Delaware              
|CNL Retirement Enc1 A Pack, LP              |  | Delaware              
|CNL Retirement Enc1 Anaheim CA GP, LLC      |  | Delaware              
|CNL Retirement Enc1 Anaheim CA, LP          |  | Delaware              
|CNL Retirement Enc1 California GP, LLC      |  | Delaware              
|CNL Retirement Enc1 California, LP          |  | Delaware              
|CNL Retirement Enc1 Florida GP, LLC         |  | Delaware              
|CNL Retirement Enc1 Florida, LP             |  | Delaware              
|CNL Retirement Enc1 GP, LLC                 |  | Delaware              
|CNL Retirement Enc1, LP                     |  | Delaware              
|CNL Retirement Enc1 Naples FL GP, LLC       |  | Delaware              
|CNL Retirement Enc1 Naples FL, LP           |  | Delaware              
|CNL Retirement Enc1 Portland OR GP, LLC     |  | Delaware              
|CNL Retirement Enc1 Portland OR, LP         |  | Delaware              
|CNL Retirement Enc1 Tallahassee FL GP, LLC  |  | Delaware              
|CNL Retirement Enc1 Tallahassee FL, LP      |  | Delaware              
|CNL Retirement Enc1 Victorville CA GP, LLC  |  | Delaware              
|CNL Retirement Enc1 Victorville CA, LP      |  | Delaware              
|CNL Retirement ER1 GP, LLC                  |  | Delaware              
|CNL Retirement ER1, LP                      |  | Delaware              
|CNL Retirement ER2 GP, LLC                  |  | Delaware              
|CNL Retirement ER2, LP                      |  | Delaware              
|CNL Retirement ER3 GP, LLC                  |  | Delaware              
|CNL Retirement ER3, LP                      |  | Delaware              
|CNL Retirement ER4 GP, LLC                  |  | Delaware              
|CNL Retirement ER4, LP                      |  | Delaware              
|CNL Retirement ER5 GP,LLC                   |  | Delaware              
|CNL Retirement ER5, LP                      |  | Delaware              
|CNL Retirement ER6 GP, LLC                  |  | Delaware              
|CNL Retirement ER6, LP                      |  | Delaware              
|CNL Retirement GP Corp.                     |  | Delaware              
|CNL Retirement GP / Colorado Corp.          |  | Delaware              
|CNL Retirement GP / Florida Corp.           |  | Delaware              
|CNL Retirement GP / Holding Corp.           |  | Delaware              
|CNL Retirement GP / Illinois Corp.          |  | Delaware              
|CNL Retirement GP National Corp.            |  | Delaware              
|CNL Retirement GP / Tennessee Corp.         |  | Delaware              
|CNL Retirement GP / Texas Corp.             |  | Delaware              
|CNL Retirement GT1 GP, LLC                  |  | Delaware              









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|                                                           |  |                       
|---------------------------------------------------------- |  | ----------------------
|Name of Subsidiary                                         |  | State of Incorporation
|CNL Retirement GT1 Illinois, LP                            |  | Delaware              
|CNL Retirement GT1 Indiana, LP                             |  | Delaware              
|CNL Retirement GT1 Ohio, LP                                |  | Delaware              
|CNL Retirement HB2 A Pack GP, LLC                          |  | Delaware              
|CNL Retirement HB2 A Pack, LP                              |  | Delaware              
|CNL Retirement HB2 Boynton Beach  FL GP, LLC               |  | Delaware              
|CNL Retirement HB2 Boynton Beach  FL, LP                   |  | Delaware              
|CNL Retirement HB2 California GP, LLC                      |  | Delaware              
|CNL Retirement HB2 California, LP                          |  | Delaware              
|CNL Retirement HB2 Cumberland RI GP, LLC                   |  | Delaware              
|CNL Retirement HB2 Cumberland RI, LP                       |  | Delaware              
|CNL Retirement HB2 Dallas TX GP, LLC                       |  | Delaware              
|CNL Retirement HB2 Dallas TX, LP                           |  | Delaware              
|CNL Retirement HB2 GP, LLC                                 |  | Delaware              
|CNL Retirement HB2 Hoover AL GP, LLC                       |  | Delaware              
|CNL Retirement HB2 Hoover AL, LP                           |  | Delaware              
|CNL Retirement HB2 Largo FL GP, LLC                        |  | Delaware              
|CNL Retirement HB2 Largo FL, LP                            |  | Delaware              
|CNL Retirement HB2, LP                                     |  | Delaware              
|CNL Retirement HB2 Niles IL GP, LLC                        |  | Delaware              
|CNL Retirement HB2 Niles IL, LP                            |  | Delaware              
|CNL Retirement HB2 Palm Beach Gardens FL GP, LLC           |  | Delaware              
|CNL Retirement HB2 Palm Beach Gardens FL, LP               |  | Delaware              
|CNL Retirement HB2 Sarasota FL GP, LLC                     |  | Delaware              
|CNL Retirement HB2 Sarasota FL, LP                         |  | Delaware              
|CNL Retirement HB2 Smithfield RI GP, LLC                   |  | Delaware              
|CNL Retirement HB2 Smithfield RI, LP                       |  | Delaware              
|CNL Retirement HB2 South Kingstown RI GP, LLC              |  | Delaware              
|CNL Retirement HB2 South Kingstown RI, LP                  |  | Delaware              
|CNL Retirement HB2 Sun City AZ GP, LLC                     |  | Delaware              
|CNL Retirement HB2 Sun City AZ, LP                         |  | Delaware              
|CNL Retirement HB2 Tiverton RI GP, LLC                     |  | Delaware              
|CNL Retirement HB2 Tiverton RI, LP                         |  | Delaware              
|CNL Retirement HB2 Vernon Hills IL GP, LLC                 |  | Delaware              
|CNL Retirement HB2 Vernon Hills IL, LP                     |  | Delaware              
|CNL Retirement HB2 West Palm Beach FL GP, LLC              |  | Delaware              
|CNL Retirement HB2 West Palm Beach FL, LP                  |  | Delaware              
|CNL Retirement HB3 Clear Lake Webster TX GP, LLC           |  | Delaware              
|CNL Retirement HB3 Clear Lake Webster TX, LP               |  | Delaware              
|CNL Retirement HB3 First Colony Sugar Land TX GP, LLC      |  | Delaware              
|CNL Retirement HB3 First Colony Sugar Land TX, LP          |  | Delaware              
|CNL Retirement HB3 GP, LLC                                 |  | Delaware              
|CNL Retirement HB3, LP                                     |  | Delaware              
|CNL Retirement HB3 Memorial City Houston TX GP, LLC        |  | Delaware              
|CNL Retirement HB3 Memorial City Houston TX, LP            |  | Delaware              
|CNL Retirement HB3 Spring Shadows Place Houston TX GP, LLC |  | Delaware              
|CNL Retirement HB3 Spring Shadows Place Houston TX, LP     |  | Delaware              
|CNL Retirement HB3 West University Houston TX GP, LLC      |  | Delaware              
|CNL Retirement HB3 West University Houston TX, LP          |  | Delaware              
|CNL Retirement HB3 Willowbrook Houston TX GP, LLC          |  | Delaware              
|CNL Retirement HB3 Willowbrook Houston TX, LP              |  | Delaware              
|CNL Retirement Laguna Creek CA, LP                         |  | Delaware              
|CNL Retirement LP Corp.                                    |  | Delaware              
|CNL Retirement MA1 GP, LLC                                 |  | Delaware              
|CNL Retirement MA1, LP                                     |  | Delaware              
|CNL Retirement MA2 Arkansas, LP                            |  | Delaware              









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|                                           |  |                       
|------------------------------------------ |  | ----------------------
|Name of Subsidiary                         |  | State of Incorporation
|CNL Retirement MA2 California, LP          |  | Delaware              
|CNL Retirement MA2 GP Holding, LLC         |  | Delaware              
|CNL Retirement MA2 Illinois, LP            |  | Delaware              
|CNL Retirement MA2, LP                     |  | Delaware              
|CNL Retirement MA2 Massachusetts, LP       |  | Delaware              
|CNL Retirement MA2 Ohio, LP                |  | Delaware              
|CNL Retirement MA2 Oklahoma, LP            |  | Delaware              
|CNL Retirement MA2 Utah, LP                |  | Delaware              
|CNL Retirement MA3 A Pack GP, LLC          |  | Delaware              
|CNL Retirement MA3 A Pack, LP              |  | Delaware              
|CNL Retirement MA3 California, LP          |  | Delaware              
|CNL Retirement MA3 Georgia, LP             |  | Delaware              
|CNL Retirement MA3 GP Holding, LLC         |  | Delaware              
|CNL Retirement MA3 Kentucky, LP            |  | Delaware              
|CNL Retirement MA3, LP                     |  | Delaware              
|CNL Retirement MA3 Oklahoma, LP            |  | Delaware              
|CNL Retirement MA3 Pennsylvania, LP        |  | Delaware              
|CNL Retirement MA3 South Carolina, LP      |  | Delaware              
|CNL Retirement MA3 Virginia, LP            |  | Delaware              
|CNL Retirement MA3 Washington, LP          |  | Delaware              
|CNL Retirement MA4 Cleveland OH, LP        |  | Delaware              
|CNL Retirement MA4 Columbia MD, LP         |  | Delaware              
|CNL Retirement MA4 Dayton OH, LP           |  | Delaware              
|CNL Retirement MA4 Dunwoody GA, LP         |  | Delaware              
|CNL Retirement MA4 Florham Park NJ, LP     |  | Delaware              
|CNL Retirement MA4 GP Cleveland OH, LLC    |  | Delaware              
|CNL Retirement MA4 GP Columbia MD, LLC     |  | Delaware              
|CNL Retirement MA4 GP Dayton OH, LLC       |  | Delaware              
|CNL Retirement MA4 GP Dunwoody GA, LLC     |  | Delaware              
|CNL Retirement MA4 GP Florham Park NJ, LLC |  | Delaware              
|CNL Retirement MA4 GP Florida Holding, LLC |  | Delaware              
|CNL Retirement MA4 GP Greensboro NC, LLC   |  | Delaware              
|CNL Retirement MA4 GP Kansas City KS, LLC  |  | Delaware              
|CNL Retirement MA4 GP, LLC                 |  | Delaware              
|CNL Retirement MA4 GP Northville MI, LLC   |  | Delaware              
|CNL Retirement MA4 GP Omaha NE, LLC        |  | Delaware              
|CNL Retirement MA4 GP Rockville MD, LLC    |  | Delaware              
|CNL Retirement MA4 GP St. Charles IL, LLC  |  | Delaware              
|CNL Retirement MA4 GP West Orange NJ, LLC  |  | Delaware              
|CNL Retirement MA4 GP Wheaton IL, LLC      |  | Delaware              
|CNL Retirement MA4 Greensboro NC, LP       |  | Delaware              
|CNL Retirement MA4 Kansas City KS, LP      |  | Delaware              
|CNL Retirement MA4, LP                     |  | Delaware              
|CNL Retirement MA4 Northville MI, LP       |  | Delaware              
|CNL Retirement MA4 Omaha NE, LP            |  | Delaware              
|CNL Retirement MA4 Rockville MD, LP        |  | Delaware              
|CNL Retirement MA4 St. Charles IL, LP      |  | Delaware              
|CNL Retirement MA4 Tampa FL, LP            |  | Delaware              
|CNL Retirement MA4 West Orange NJ, LP      |  | Delaware              
|CNL Retirement MA4 Wheaton IL, LP          |  | Delaware              
|CNL Retirement MC1 GP, LLC                 |  | Delaware              
|CNL Retirement MC1 Georgia, LP             |  | Delaware              
|CNL Retirement MOP 1110 Irving TX, LP      |  | Delaware              
|CNL Retirement MOP 1411 Aurora CO GP, LLC  |  | Delaware              
|CNL Retirement MOP 1411 Aurora CO, LP      |  | Delaware              
|CNL Retirement MOP 1421 Aurora CO GP, LLC  |  | Delaware              









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|                                             |  |                       
|-------------------------------------------- |  | ----------------------
|Name of Subsidiary                           |  | State of Incorporation
|CNL Retirement MOP 1421 Aurora CO, LP        |  | Delaware              
|CNL Retirement MOP 4204 Durham NC, LP        |  | Delaware              
|CNL Retirement MOP 4228 Durham NC, LP        |  | Delaware              
|CNL Retirement MOP 4233 Durham NC, LP        |  | Delaware              
|CNL Retirement MOP 4323 Durham NC, LP        |  | Delaware              
|CNL Retirement MOP 7200 Irving TX, LP        |  | Delaware              
|CNL Retirement MOP A Pack GP, LLC            |  | Delaware              
|CNL Retirement MOP B Pack GP, LLC            |  | Delaware              
|CNL Retirement MOP Chesapeake VA, LP         |  | Delaware              
|CNL Retirement MOP Clearwater FL, LP         |  | Delaware              
|CNL Retirement MOP Columbia MD GP, LLC       |  | Delaware              
|CNL Retirement MOP Columbia MD, LP           |  | Delaware              
|CNL Retirement MOP Corpus Christi TX, LP     |  | Delaware              
|CNL Retirement MOP Denver CO GP, LLC         |  | Delaware              
|CNL Retirement MOP Denver CO, LP             |  | Delaware              
|CNL Retirement MOP Encino CA GP, LLC         |  | Delaware              
|CNL Retirement MOP Encino CA, LP             |  | Delaware              
|CNL Retirement MOP Fairfax VA, LP            |  | Delaware              
|CNL Retirement MOP GP, LLC                   |  | Delaware              
|CNL Retirement MOP Houston TX, LP            |  | Delaware              
|CNL Retirement MOP, LP                       |  | Delaware              
|CNL Retirement MOP Largo FL, LP              |  | Delaware              
|CNL Retirement MOP Plano TX, LP              |  | Delaware              
|CNL Retirement MOP Rockville MD, LP          |  | Delaware              
|CNL Retirement MOP Sherman Oaks CA, LP       |  | Delaware              
|CNL Retirement MOP Tampa FL, LP              |  | Delaware              
|CNL Retirement MOP Valencia CA, LP           |  | Delaware              
|CNL Retirement PC1 Brentwood TN, LP          |  | Delaware              
|CNL Retirement PC1 Buckhead GA, LP           |  | Delaware              
|CNL Retirement PC1 Friendship Heights MD, LP |  | Delaware              
|CNL Retirement PC1 GP Holding, LLC           |  | Delaware              
|CNL Retirement PC1 GP, LLC                   |  | Delaware              
|CNL Retirement PC1 GP Naples FL, LLC         |  | Delaware              
|CNL Retirement PC1 GP Venice FL, LLC         |  | Delaware              
|CNL Retirement PC1, LP                       |  | Delaware              
|CNL Retirement PC1 Naples FL, LP             |  | Delaware              
|CNL Retirement PC1 New Jersey, LP            |  | Delaware              
|CNL Retirement PC1 North Carolina, LP        |  | Delaware              
|CNL Retirement PC1 Stamford CT, LP           |  | Delaware              
|CNL Retirement PC1 Venice FL, LP             |  | Delaware              
|CNL Retirement PC2, LLC                      |  | Delaware              
|CNL Retirement RP1-VB, LLC                   |  | Delaware              
|CNL Retirement SLB Florida, LP               |  | Delaware              
|CNL Retirement SLB GP, LLC                   |  | Delaware              
|CNL Retirement ST1 Colorado GP, LLC          |  | Delaware              
|CNL Retirement ST1 Colorado, LP              |  | Delaware              
|CNL Retirement SU TRS Corp.                  |  | Delaware              
|CNL Retirement Sun1 Beverly Hills CA GP, LLC |  | Delaware              
|CNL Retirement Sun1 Beverly Hills CA, LP     |  | Delaware              
|CNL Retirement Sun1 Cresskill NJ GP, LLC     |  | Delaware              
|CNL Retirement Sun1 Cresskill NJ, LP         |  | Delaware              
|CNL Retirement Sun1 Edmonds WA GP, LLC       |  | Delaware              
|CNL Retirement Sun1 Edmonds WA, LP           |  | Delaware              
|CNL Retirement Sun1 GP, LLC                  |  | Delaware              
|CNL Retirement Sun1 Lilburn GA GP, LLC       |  | Delaware              
|CNL Retirement Sun1 Lilburn GA, LP           |  | Delaware              









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|                                                        |  |                       
|------------------------------------------------------- |  | ----------------------
|Name of Subsidiary                                      |  | State of Incorporation
|CNL Retirement Sun1, LP                                 |  | Delaware              
|CNL Retirement Sun1 Madison NJ GP, LLC                  |  | Delaware              
|CNL Retirement Sun1 Madison NJ, LP                      |  | Delaware              
|CNL Retirement Sun1 Santa Rosa CA GP, LLC               |  | Delaware              
|CNL Retirement Sun1 Santa Rosa CA, LP                   |  | Delaware              
|CNL Retirement Sun2 Des Peres MO, LP                    |  | Delaware              
|CNL Retirement Sun2 Missouri GP, LLC                    |  | Delaware              
|CNL Retirement Sun2 Richmond Heights MO, LP             |  | Delaware              
|CNL Retirement Sun2 Wilmette IL GP, LLC                 |  | Delaware              
|CNL Retirement Sun2 Wilmette IL, LP                     |  | Delaware              
|CNL Retirement Towson MD, LP                            |  | Delaware              
|CNL Retirement TRS Corp.                                |  | Delaware              
|CNL Retirement Westgate1 Auburn Hills MI, LP            |  | Delaware              
|CNL Retirement Westgate1 Michigan GP, LLC               |  | Delaware              
|CNL Retirement Westgate1 Sterling Heights MI, LP        |  | Delaware              
|The DASCO Companies, LLC                                |  | Florida               
|DSTS, LLC                                               |  | Florida               
|Durant MOB Manager, LLC                                 |  | Delaware              
|Durant MOB Owner, LLC                                   |  | Delaware              
|East Texas Medical Equity Investors Limited Partnership |  | Texas                 
|Elgin I MOB Owner, LLC                                  |  | Delaware              
|Elgin II MOB Owner, LLC                                 |  | Delaware              
|Evansville MOB Owners Limited Partnership               |  | Delaware              
|Fannin Medical Investors, Ltd., LP                      |  | Georgia               
|Jackson Central Investors Limited Partnership           |  | Florida               
|Jackson II MOB Owners, LLC                              |  | Delaware              
|Lake Granbury Investors, Ltd.                           |  | Texas                 
|Lancaster Medical Equity Investors, Ltd.                |  | Texas                 
|Lancaster MOB East and West Partners, Ltd.              |  | Texas                 
|Lexington Equity Investors, Ltd.                        |  | Florida               
|Lexington II MOB Owners LLC                             |  | Delaware              
|Lexington MOB Partners, Ltd.                            |  | Florida               
|Marion Medical Equity Investors Corporation             |  | Florida               
|Marion Medical Investor, LP                             |  | Illinois              
|Marion MOB Partners, LP                                 |  | Illinois              
|McDowell Mountain Medical Investor, Ltd.                |  | Florida               
|Milton Medical Equity Investors, Ltd.                   |  | Florida               
|Omaha MOB Investors, LLC                                |  | Florida               
|Omaha MOB Manager, LLC                                  |  | Delaware              
|Omaha MOB Owners, LLC                                   |  | Delaware              
|Orlando MOB Owners, LLC                                 |  | Delaware              
|Parker MOB Owners, LLC                                  |  | Delaware              
|Pikesville Assisted Living, LLC                         |  | Maryland              
|Randall Road MOB Owners, LLC                            |  | Delaware              
|River Oaks MOB Owners, LLC                              |  | Delaware              
|SJH Medical Office Partners, Ltd.                       |  | Texas                 
|SJH Office Equity Investors, Ltd.                       |  | Texas                 
|SWG Birthplace Investors, Ltd.                          |  | Texas                 
|Texarkana Medical Equity Investors Corporation          |  | Florida               
|Texarkana Partners Limited                              |  | Texas                 
|Tucson MOB Partners, Ltd.                               |  | Florida               
|Tucson Medical Investors, Ltd.                          |  | Florida