**EXHIBIT21**

**SUBSIDIARIES OF THEREGISTRANT**

| Arapahoe Crossings, L.P.                         |
|--------------------------------------------------|
| Avion  Service Corp.                             |
| BPR  Land Partnership, LP                        |
| BPR  Shopping Center, L.P.                       |
| Briar  Preston Ridge Partners LP                 |
| Briar  Preston Ridge South, L.P.                 |
| CA  Harwood Holdings SPE, LLC                    |
| CA  Harwood, LP                                  |
| CA  New Plan Acquisition Fund Delaware, LLC      |
| CA  New Plan Acquisition Fund Louisiana, LLC     |
| CA  New Plan Acquisition Fund Texas I, LP        |
| CA  New Plan Acquisition Fund Texas, LLC         |
| CA  New Plan Acquisition Fund, LLC               |
| CA  New Plan Asset Partnership IV, LP            |
| CA  New Plan Asset, Inc.                    |
| CA  New Plan DIF Delaware, LLC                   |
| CA  New Plan DIF Texas I, LP                     |
| CA  New Plan DIF Texas, LLC                      |
| CA  New Plan Fixed Rate Partnership, LP          |
| CA  New Plan Fixed Rate SPE, Inc.           |
| CA  New Plan III                                 |
| CA  New Plan IV                                  |
| CA  New Plan Management, Inc.               |
| CA  New Plan Merchants Crossings Partnership, LP |
| CA  New Plan Merchants Crossings SPE, Inc        |
| CA  New Plan Sarasota Holdings SPE, LLC          |
| CA  New Plan Sarasota, LP                        |
| CA  New Plan Texas Assets, Inc.             |
| CA  New Plan Texas Assets, L.P.                  |
| CA  New Plan V                                   |
| CA  New Plan Venture Direct Investment Fund, LLC |
| CA  New Plan Venture Fund Delaware, LLC          |
| CA  New Plan Venture Fund Louisiana, LLC         |
| CA  New Plan Venture Fund Texas I, LP            |
| CA  New Plan Venture Fund Texas, LLC             |
| CA  New Plan Venture Fund, LLC                   |
| CA  New Plan Venture Partner                     |
| CA  New Plan VI                                  |
| CA  New Plan Victoria Holdings SPE, LLC          |
| CA  New Plan Victoria, LP                        |
| CA  New Plan Villa Monaco Holdings SPE, LLC      |
| CA  New Plan Villa Monaco, LP                    |
| Clearwater  Mall, LLC                            |
| ERP  Australian Member, LLC                      |
| ERP  EastChase, LLC                              |
| ERP  Financing, LLC                              |
| ERP  Fox Run, LLC                                |
| ERP  Hillcrest, LLC                              |
| ERP  Mingo Marketplace, LLC                      |
| ERP  New Britain GP, LLC                         |
| ERP  New Britain Holdings, LP                    |
| ERP  New Britain Limited Partnership             |

 

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| ERP New Britain Mezz GP, LLC                         |
|------------------------------------------------------|
| ERP  New Britain Property Owner, LP                  |
| ERP  of Midway, LLC                                  |
| ERPF,  Inc                                           |
| ERT  163rd Street Mall, LLC                          |
| ERT  AusMgt GP, LLC                                  |
| ERT  AusMgt LP Corp                                  |
| ERT  Australian Management, LP                       |
| ERT  CIC, LLC                                        |
| ERT  Development Corp.                               |
| ERT  Pointe Orlando, Inc.                       |
| ERT  Southland LLC                                   |
| Excel  Realty—PA, Inc.                     |
| Excel  Realty Partners, LP                           |
| Excel  Realty Trust - NC                             |
| Excel  Realty Trust - ST, Inc.                  |
| Galileo  America LLC                                 |
| HK  New Plan Alexis Park GP, LLC                     |
| HK  New Plan Alexis Park, LP                         |
| HK  New Plan Arvada Plaza, LLC                       |
| HK  New Plan Covered Sun, LLC                        |
| HK  New Plan ERP Property Holdings, LLC              |
| HK  New Plan Exchange Property Holdings I, LLC       |
| HK  New Plan Exchange Property Holdings III, LLC     |
| HK  New Plan Exchange Property Holdings IV, LLC      |
| HK  New Plan Exchange Property Owner I, LLC          |
| HK  New Plan Exchange Property Owner II, LP          |
| HK  New Plan Exchange Property Owner III, LLC        |
| HK  New Plan Exchange Property Owner IV, LLC         |
| HK  New Plan Exchange Upper Tier QRS Holding Company |
| HK  New Plan Festival Center (IL), LLC               |
| HK  New Plan Hunt River Commons, LLC                 |
| HK  New Plan Karl Plaza GP, LLC                      |
| HK  New Plan Karl Plaza, LP                          |
| HK  New Plan Lexington Town Square, LLC              |
| Hk  New Plan Lower Tier OH, LLC                      |
| HK  New Plan Macon Chapman QRS LP Company            |
| HK  New Plan Macon Chapman TRS GP Company            |
| HK  New Plan Macon Chapman, LP                       |
| HK  New Plan Marwood Sunshine Cheyenne, LLC          |
| HK  New Plan Merchants Crossing, LLC                 |
| HK  New Plan Mid Tier OH, LP                         |
| HK  New Plan OH TRS, Inc.                       |
| HK  New Plan Olympia Corners, LLC                    |
| HK  New Plan Skyway Plaza, LLC                       |
| HK  New Plan STH Lower Tier, LLC                     |
| HK  New Plan STH Mid Tier I, LLC                     |
| HK  New Plan STH Mid Tier II, LLC                    |
| HK  New Plan STH Upper Tier I, LLC                   |
| HK  New Plan STH Upper Tier II Company               |
| HK  New PLan University IV, LLC                      |
| HK  New Plan Vineyards GP, LLC                       |
| HK  New Plan Vineyards, LP                           |
| NC  Properties #1, Inc.                         |
| NC  Properties #2, Inc.                         |
| New  Plan Acquisition Company, LLC                   |

 

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| New Plan Australian Management, LP                      |
|---------------------------------------------------------|
| New  Plan Australian Member, LLC                        |
| New  Plan Baybrook Management Company, LLC              |
| New  Plan Baybrook Partner, LLC                         |
| New  Plan Cinnaminson Urban Renewal, LLC                |
| New  Plan Conyers Crossroads Management Company II, LLC |
| New  Plan Conyers Crossroads Management Company, LLC    |
| New  Plan Disbursing Corp.                              |
| New  Plan DRP Trust                                     |
| New  Plan East Cherokee Management Company, LLC         |
| New  Plan EastChase Management Company, LLC             |
| New  Plan ERP Limited Partner Company                   |
| New  Plan ERT HD Florida, LLC                           |
| New  Plan ERT HD Louisiana, LLC                         |
| New  Plan ERT HD Ohio, LLC                              |
| New  Plan ERT Tyrone Gardens, LLC                       |
| New  Plan Financing I, Inc.                        |
| New  Plan Flowery Branch Management Company, LLC        |
| New  Plan Hampton Village, LLC                          |
| New  Plan Hickory Hollow Member, Inc                    |
| New  Plan Hickory Hollow Owner, LLC                     |
| New  Plan Hickory Property Manager, LLC                 |
| New  Plan Institutional Retail Partner II, LLC          |
| New  Plan Institutional Retail Partner, LLC             |
| New  Plan Lake Grove Management Company, LLC            |
| New  Plan Meridian Management Company, LLC              |
| New  Plan MP Management Company, Inc.              |
| New  Plan New London Management Company, LLC            |
| New  Plan NPK Management I, LLC                         |
| New  Plan NPK Redevelopment I, LLC                      |
| New  Plan of Arlington Heights, LLC                     |
| New  Plan of Cinnaminson, Inc                      |
| New  Plan of Cinnnaminson, LP                           |
| New  Plan of Elk Grove, LLC                             |
| New  Plan of Fashion Corners, Inc.                 |
| New  Plan of Fashion Place, LLC                         |
| New  Plan of Hillside Village, LLC                      |
| New  Plan of Illinois LLC                               |
| New  Plan of Laurel Mall, Inc.                     |
| New  Plan of Memphis Commons, LLC                       |
| New  Plan of Michigan, Inc.                        |
| New  Plan of Michigan, LLC                              |
| New  Plan of New Garden, Inc.                      |
| New  Plan of Silver Pointe, LLC                         |
| New  Plan of Tennessee, Inc                             |
| New  Plan of Tinton Falls, Inc.                    |
| New  Plan of West Ridge, LLC                            |
| New  Plan Pennsylvania Holdings, LLC                    |
| New  Plan Property Holding Company                      |
| New  Plan Quail Springs Management Company, LLC         |
| New  Plan Realty of. Alabama, Inc.                 |
| New  Plan Realty Trust                                  |
| New  Plan Riverplace Management Company, LLC            |
| New  Plan Rolling Meadows Management Company, LLC       |
| New  Plan Skytop Pavilion Management Company, LLC       |
| New  Plan Tyrone Gardens Management Co., LLC            |

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| New Plan Wakefield Commons Management  Company, LLC     |
|---------------------------------------------------------|
| New  Plan Westgate Management Company, LLC              |
| New  Plan Westgate Partners, LLC                        |
| New  Plan Westpark Management Company II, LLC           |
| New  Plan Westpark Management Company, LLC              |
| NewSem  Tyrone Gardens Property Owner, LLC              |
| NewSem  Tyrone Gardens, LLC                             |
| NewSem  Tyrone Gardens, LLC                             |
| NP  AusMgt GP LLC                                       |
| NP  AusMgt LP Corp                                      |
| NP  of Tennessee, LP                                    |
| NP/I &  G Institutional Retail Company II, LLC |
| NP/I & G Wakefield Commons, LLC                |
| NP/I&G  Conyers Crossroads LLC                      |
| NP/I&G  Conyers Crossroads II, LLC                  |
| NP/I&G  East Cherokee, LLC                          |
| NP/I&G  EastChase Property Owner, LLC               |
| NP/I&G  EastChase, LLC                              |
| NP/I&G  Flowery Branch Owner, LLC                   |
| NP/I&G  Institutional Retail Company, LLC           |
| NP/I&G  Lake Grove, LLC                             |
| NP/I&G  Meridian, LLC                               |
| NP/I&G  New London, LLC                             |
| NP/I&G  Quail Springs, LLC                          |
| NP/I&G  Riverplace, LLC                             |
| NP/I&G  Rolling Meadows LLC                         |
| NP/I&G  Skytop Pavillion, LLC                       |
| NP/I&G  Westpark II, LLC                            |
| NP/I&G  Westpark, LLC                               |
| NP/SSP  Baybrook, LLC                                   |
| NPHV, Inc.                                         |
| NPK  Cordova LLC                                        |
| NPK  Development I, LLC                                 |
| NPK  Southaven LLC                                      |
| NPK  Winchester LLC                                     |
| NPTN, Inc.                                         |
| Pointe  Orlando Development Company                     |
| Red  Zone Development, LLC                              |
| Westgate  Mall, LLC                                     |

 

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