**Exhibit 21**

G&L Realty Corp. List of Subsidiaries April 30, 2003

| 1.  | G&L Hampden, Inc., a Delaware corporation                                 |
|-----|-------------------------------------------------------------------------------|
| 2.  | G&L Hampden, LLC a Delaware limited liability company                     |
| 3.  | G&L Realty Partnership, L.P., a Delaware limited partnership              |
| 4.  | G&L Realty Financing II, Inc., a Delaware corporation                     |
| 5.  | G&L Realty Financing Partnership II, L.P., a Delaware limited partnership |
| 6.  | G&L Medical, Inc., a Delaware corporation                                 |
| 7.  | G&L Gardens, LLC, an Arizona limited liability company                    |
| 8.  | G&L Management Delaware Corp., a Delaware corporation                     |
| 9.  | G&L Senior Care, Inc., a Delaware corporation                             |
| 10. | G&L Medical Partnership, L.P., a Delaware limited partnership             |
| 11. | GL/PHP, LLC a Delaware limited liability company                              |
| 12. | Theme World, L.P., a New Jersey limited partnership                           |
| 13. | G&L - Grabel San Pedro, LLC                                               |
| 14. | G&L Burbank, LLC                                                          |
| 15. | G&L Burbank Managers Corp., a California corporation                      |
| 16. | G&L Holy Cross, LLC                                                       |
| 17. | G&L Holy Cross Managers Corp., a California corporation                   |
| 18. | G&L Tustin, LLC                                                           |
| 19. | G&L Tustin Managers Corp., a California corporation                       |
| 20. | G&L Valencia, LLC                                                         |
| 21. | G&L Penasquitos, LLC                                                      |
| 22. | GLH Pacific Gardens, LLC                                                      |
| 23. | G&L Hoquiam, LLC                                                          |
| 24. | G&L Lyons, LLC                                                            |
| 25. | G&L Coronado (1998), LLC                                                  |
| 26. | G&L Parsons on Eagle Run, LLC                                             |
| 27. | G&L Parsons on Eagle Run, Inc.                                            |
| 28. | Lakeview Associates, LLC                                                      |
| 29. | Tustin Heritage Park, LLC                                                     |
| 30. | G&L Massachusetts, LLC                                                    |
| 31. | G&L Aspen, LLC                                                            |
| 32. | G&L Tustin II, LLC                                                        |
| 33. | G&L Tustin III, LLC                                                       |
| 34. | G&L Senior Care Partnership, L.P.                                         |
| 35. | G&L St. Thomas More, Inc.                                                 |
| 36. | G&L Radius Realty, LLC                                                    |
| 37. | GLR/Yorba Linda, LLC                                                          |
| 38. | GLH Tarzana, LLC                                                              |
| 39. | Pac Par MOB, LLC                                                              |
| 40. | G&L Aurora, LLC                                                           |