Exhibit 21

Subsidiaries of Centro NP LLC

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|------------------------------------------------------
|CA New Plan Acquisition Fund Delaware, LLC (DE)       
|CA New Plan Acquisition Fund Louisiana, LLC (DE)      
|CA New Plan Acquisition Fund Texas I, L.P. (TX)       
|CA New Plan Acquisition Fund Texas, LLC (TX)          
|CA New Plan Acquisition Fund, LLC (DE)                
|CA New Plan Asset LLC (DE)                            
|CA New Plan Asset Partnership IV, LP (DE)             
|CA New Plan DIF Delaware, LLC (DE)                    
|CA New Plan DIF Texas I, L.P. (TX)                    
|CA New Plan DIF Texas, LLC (TX)                       
|CA New Plan Fixed Rate Partnership, LP (DE)           
|CA New Plan Fixed Rate SPE LLC (DE)                   
|CA New Plan IV (MD REIT)                              
|CA New Plan Management, LLC (DE)                      
|CA New Plan Sarasota Holdings SPE, LLC (DE)           
|CA New Plan Sarasota, L.P. (DE)                       
|CA New Plan Texas Assets, LLC (DE)                    
|CA New Plan V (MD REIT)                               
|CA New Plan Venture Fund Delaware, LLC (DE)           
|CA New Plan Venture Fund Texas I, L.P. (TX)           
|CA New Plan Venture Fund Texas, LLC (TX)              
|CA New Plan Venture Fund, LLC (DE)                    
|CA New Plan Venture Direct Investment Fund, LLC (DE)  
|CA New Plan Venture Partner (MD REIT)                 
|CA New Plan VI (MD REIT)                              
|CA New Plan Victoria Holdings SPE, LLC (DE)           
|CA New Plan Victoria, L.P. (DE)                       
|CA New Plan Villa Monaco Holdings SPE, LLC (DE)       
|CA New Plan Villa Monaco, L.P. (DE)                   
|Centro NP ERT, LLC (DE)                               
|Centro NP Holdings 10 SPE, LLC                        
|Centro NP Ivyridge SC, LLC (DE)                       
|ERP Australian Member, LLC (DE)                       
|ERP Financing, LLC (DE)                               
|ERP Fox Run, LLC (DE)                                 
|ERP Hillcrest, LLC (DE)                               
|ERP Mingo Marketplace, LLC (DE)                       
|ERP of Midway, LLC (DE) f/k/a New Plan of Midway, Inc.
|ERPF, LLC (DE)                                        
|ERT 163rd Street Mall, LLC (DE)                       
|ERT AusMgt GP LLC (DE)                                
|ERT AusMgt LP Corp. (DE)                              
|ERT Australian Management, LP (DE)                    
|ERT CIC, LLC (DE)                                     
|ERT Development Corporation (DE)                      
|ERT Pointe Orlando, Inc. (NY)                         
|Excel Realty Partners, L.P. (DE)                      
|Excel Realty TrustNC (NC)                            
|Excel Realty TrustST, LLC (DE)                       
|HK New Plan Arvada Plaza, LLC (DE)                    

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|-----------------------------------------------------------
|HK New Plan Covered Sun, LLC (DE)                          
|HK New Plan ERP Property Holdings, LLC (DE)                
|HK New Plan Exchange Property Holdings, I, LLC (DE)        
|HK New Plan Exchange Property Owner I LLC (DE)             
|HK New Plan Exchange Property Owner II, LP (DE)            
|HK New Plan Festival Center (IL), LLC (DE)                 
|HK New Plan Hunt River Commons, LLC (DE)2                  
|HK New Plan Karl Plaza GP, LLC (DE)                        
|HK New Plan Karl Plaza, L.P. (DE)                          
|HK New Plan Lower Tier OH, LLC (DE)                        
|HK New Plan Macon Chapman TRS GP Company (DE Corp.)        
|HK New Plan Marwood Sunshine Cheyenne, LLC (DE)            
|HK New Plan Merchants Crossing, LLC (DE)                   
|HK New Plan Mid Tier OH. LP. (DE)                          
|HK New Plan OH TRS, Inc. (DE Corp.)                        
|HK New Plan Olympia Corners, LLC (DE)                      
|HK New Plan STH Lower Tier, LLC (DE)                       
|HK New Plan STH Mid Tier I, LLC (DE)                       
|HK New Plan STH Mid Tier II, LLC (DE)                      
|HK New Plan STH Upper Tier I, LLC (DE)                     
|HK New Plan STH Upper Tier II Company (MD REIT)            
|HK New Plan Vineyards GP LLC (DE)                          
|HK New Plan Vineyards, LP (DE)                             
|NC Properties #1, LLC (DE)                                 
|NC Properties #2, LLC (DE)                                 
|New Plan Australian Management, L.P. (DE)                  
|New Plan Australian Member LLC (DE)                        
|New Plan Baybrook Management Company, LLC (DE)             
|New Plan Baybrook Partner, LLC (DE)                        
|New Plan Cinnaminson Urban Renewal, L.L.C. (NJ)            
|New Plan Conyers Crossroads Management Company II, LLC (DE)
|New Plan Conyers Crossroads Management Company, LLC (DE)   
|New Plan Cummings Management Company, LLC (DE)             
|New Plan Cummings Partner, LLC (DE)                        
|New Plan Disbursing LLC (DE)                               
|New Plan DRP Trust (MD REIT)                               
|New Plan East Cherokee Management Company, LLC (DE)        
|New Plan EastChase Management Company, LLC (DE)            
|New Plan ERP Limited Partner Company (MD REIT)             
|New Plan ERT HD Florida, LLC (DE)                          
|New Plan ERT HD Louisiana, LLC (DE)                        
|New Plan ERT HD Ohio, LLC (DE)                             
|New Plan ERT Tyrone Gardens, LLC (DE)                      
|New Plan Financing I, LLC (DE)                             
|New Plan Florida Holdings, LLC (DE)                        
|New Plan Flowery Branch Management Company, LLC (DE)       
|New Plan Hampton Village, LLC (DE)                         
|New Plan Hickory Hollow Member, LLC (DE)                   
|New Plan Hickory Hollow Owner, LLC (DE)                    
|New Plan Hickory Hollow Property Manager, LLC (DE)         
|New Plan Institutional Retail Partner II, LLC (DE)         
|New Plan Institutional Retail Partner, LLC (DE)            
|New Plan Lake Grove Management Company, LLC (DE)           
|New Plan Maryland Holdings, LLC (DE)                       

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|New Plan Meridian Management Company, LLC (DE)                      
|New Plan Midway Village SC, LLC (DE)                                
|New Plan Montecito Marketplace Phase I Management Company, LLC (DE) 
|New Plan Montecito Marketplace Phase II Management Company, LLC (DE)
|New Plan MP Management, LLC (DE)                                    
|New Plan New London Management Company, LLC (DE)                    
|New Plan NPK Management I, LLC (DE)                                 
|New Plan NPK Redevelopment I, LLC (DE)                              
|New Plan of Arlington Heights LLC (DE)                              
|New Plan of Cinnaminson, Inc. (DE)                                  
|New Plan of Cinnaminson, LP (DE)                                    
|New Plan of Hillside Village, LLC (DE)                              
|New Plan of Laurel Mall, LLC (DE)                                   
|New Plan of Memphis Commons, LLC (DE)                               
|New Plan of Michigan Member, LLC (DE)                               
|New Plan of Michigan, LLC (DE)                                      
|New Plan of New Garden, LLC (DE)                                    
|New Plan of Silver Points, LLC (DE)                                 
|New Plan of Tennessee, LLC (DE)                                     
|New Plan of West Ridge, LLC (DE)                                    
|New Plan Pennsylvania Holdings, LLC (DE)                            
|New Plan Property Holding Company (MD REIT)                         
|New Plan Quail Springs Management Company, LLC (DE)                 
|New Plan Realty Trust, LLC (DE)                                     
|New Plan Riverplace Management Company, LLC (DE)                    
|New Plan Skytop Pavilion Management Company, LLC (DE)               
|New Plan Tenaya Village Management Company, LLC (DE)                
|New Plan Tyrone Gardens Mgmt. Co., LLC (DE)                         
|New Plan Wakefield Commons Management Company, LLC (DE)             
|New Plan Westgate Management Company LLC (DE)                       
|New Plan Westgate Partners, LLC (DE)                                
|New Plan Westpark Management Company, LLC (DE)                      
|New Plan Westpark Management Company II, LLC (DE)                   
|New Rolling Meadows Management Company, LLC (DE)                    
|NewSem Tyrone Gardens Property Owner, LLC (DE)                      
|NewSem Tyrone Gardens, LLC (DE)                                     
|NP AusMgt GP, LLC (DE)                                              
|NP AusMgt LP, LLC (DE)                                              
|NP of Tennessee, LP (DE)                                            
|NP/SSP Baybrook, LLC (DE)                                           
|NPHV, LLC (DE)                                                      
|NPTN, Inc. (DE)                                                     
|Pointe Orlando Development Company (CA)                             

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