##### 



Exhibit 21.01
 
 Name
    
    Type of Entity301 Congress Avenue, L.P.
    
    Delaware limited partnership301 Congress PT TRS, Inc.
    
    Delaware corporation325 HCD LLC
    
    Delaware limited liability company335 HCD LLC
    
    Delaware limited liability company355 HCD LLC
    
    Delaware limited liability company395/375/365 HCD LLC
    
    Delaware limited liability company1717 Main Street SM, Inc.
    
    Delaware corporation3753/3763 HHP LLC
    
    Delaware limited liability company3770 HHP, LLC
    
    Delaware limited liability company3770 Hughes Parkway Associates, Limited Partnership
    
    Nevada limited partnership3770 Surface Parking LLC
    
    Delaware limited liability company3773 HHP LLC
    
    Delaware limited liability company3790 HHP LLC
    
    Delaware limited liability company3800 HHP LLC
    
    Delaware limited liability company3883 HHP LLC
    
    Delaware limited liability company3893 HHP LLC
    
    Delaware limited liability company3925 Paradise Rd. LLC
    
    Delaware limited liability company3930 Acquisition, LLC
    
    Delaware limited liability company3930 HHP LLC
    
    Delaware limited liability company3960 HHP LLC
    
    Delaware limited liability company3987 Paradise Rd. LLC
    
    Delaware limited liability company3960/3980 HHP Parking Garage LLC
    
    Delaware limited liability company3980 HHP LLC
    
    Delaware limited liability company3993 HHP LLC
    
    Delaware limited liability company4043 HHP LLC
    
    Delaware limited liability companyArrow Leaf Residences, LLC
    
    Delaware limited liability companyBear Paw Lodge LLC
    
    Delaware limited liability companyBeaver Creek Landing, LLC
    
    Delaware limited liability companyBreckenridge Pioneer Club LLC
    
    Delaware limited liability companyBrownstones at Riverfront Park, LLC
    
    Delaware limited liability companyBuckhorn Townhome LLC
    
    Delaware limited liability companyC5HC Management, LLC
    
    Delaware limited liability companyCBT I Management Corp.
    
    Delaware corporationC-C Parkway Austin, L.P.
    
    Delaware limited partnershipCEI Colonnade Holdings, LLC
    
    Delaware limited liability companyCentral Platte Valley Management, LLC
    
    Delaware limited liability companyCRE Aviation Interests, LLC
    
    Delaware limited liability companyCRE Capital MS GP, LLC
    
    Delaware limited liability companyCRE Capital GS GP, LLC
    
    Delaware limited liability companyCRE Diversified Holdings, Inc.
    
    Delaware corporationCRE Investment, LLC
    
    Delaware limited liability companyCRE Management One, LLC
    
    Delaware limited liability companyCRE Management VIII, LLC
    
    Delaware limited liability companyCRE Management XII, LLC
    
    Delaware limited liability companyCreekside II LLC
    
    Delaware limited liability companyCreekside II at Riverfront, LLC
    
    Delaware limited liability companyCreekside at Riverfront Park, LLC
    
    Delaware limited liability company




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Name
    
    Type of EntityCreekside Townhomes LLC
    
    Delaware limited liability companyCREF XII Holdings, L.P.
    
    Delaware limited partnershipCREF XII Holdings GP, LLC
    
    Delaware limited liability companyCREF XII Parent, L.P.
    
    Delaware limited partnershipCREF XII Parent GP, LLC
    
    Delaware limited liability companyCREF One Holdings GP, LLC
    
    Delaware limited liability companyCREF One Holdings, L.P.
    
    Delaware limited partnershipCREF One Parent GP, LLC
    
    Delaware limited liability companyCREF One Parent, L.P.
    
    Delaware limited partnershipCrescent/301 LLC
    
    Delaware limited liability companyCrescent 1301 GP, LLC
    
    Delaware limited liability companyCrescent 1301 Holdings, L.P.
    
    Delaware limited partnershipCrescent 1301 Holdings GP, LLC
    
    Delaware limited liability companyCrescent 1301 McKinney, L.P.
    
    Delaware limited partnershipCrescent 1717 Main, L.L.C.
    
    Texas limited liability companyCrescent 5 Houston Center, L.P.
    
    Delaware limited partnershipCrescent 707 17th Street, LLC
    
    Delaware limited liability companyCrescent Alhambra, LLC
    
    Delaware limited liability companyCrescent ART Holdings, LLC
    
    Delaware limited liability companyCrescent Big Tex I, L.P.
    
    Delaware limited partnershipCrescent Big Tex II, L.P.
    
    Delaware limited partnershipCrescent Big Tex III, LP
    
    Delaware limited partnershipCrescent BK One Tower GP, LLC
    
    Delaware limited liability companyCrescent BT I GP, L.P.
    
    Delaware limited partnershipCrescent BT I Investor, L.P.
    
    Delaware limited partnershipCrescent BT I Management, LLC
    
    Delaware limited liability companyCrescent BT I Parking L.P.
    
    Delaware limited partnershipCrescent BT II Parking, L.P.
    
    Delaware limited partnershipCrescent BT III Parking, L.P.
    
    Delaware limited partnershipCrescent BT Parking GP, LLC
    
    Delaware limited liability companyCrescent BT II GP, L.P.
    
    Delaware limited partnershipCrescent BT II Management, LLC
    
    Delaware limited liability companyCrescent Business Centers Corp.
    
    Delaware corporationCrescent Capital Funding, L.L.C.
    
    Delaware limited liability companyCrescent CBD Land Financing, L.P.
    
    Delaware limited partnershipCrescent CBD Land Financing II, L.P.
    
    Delaware limited partnershipCrescent CBD Land GP, LLC
    
    Delaware limited liability companyCrescent CBD Land GP II, LLC
    
    Delaware limited liability companyCrescent Colonnade, LLC
    
    Delaware limited liability companyCrescent Datran Center, LLC
    
    Delaware limited liability companyCrescent Duddlesten Hotel Partnership, L.P.
    
    Texas limited partnershipCrescent E&M, LLC
    
    Texas limited liability companyCrescent Ervay & Main, L.P.
    
    Texas limited partnershipCrescent Fearing, L.P.
    
    Delaware limited partnershipCrescent Finance Company
    
    Delaware corporationCrescent Five Post Oak GP, LLC
    
    Delaware limited liability companyCrescent Fountain Place, L.P.
    
    Delaware limited partnershipCrescent Four Westlake GP, LLC
    
    Delaware limited liability companyCrescent FP GP Corp.
    
    Delaware corporationCrescent Fresh Investments, Inc.
    
    Delaware corporationCrescent Fresh Series B Hold Co.
    
    Delaware corporationCrescent Funding Interests, L.L.C.
    
    Delaware limited liability companyCrescent HC Investors, L.P.
    
    Delaware limited partnershipCrescent HCI GP, LLC
    
    Delaware limited liability company
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Name
    
    Type of EntityCrescent Hospitality SPE, LLC
    
    Delaware limited liability companyCrescent Hospitality, Inc.
    
    Delaware corporationCrescent Irvine, LLC
    
    Delaware limited liability companyCrescent JMIR Paseo Del Mar, LLC
    
    Delaware limited liability companyCrescent Miami Center, LLC
    
    Delaware limited liability companyCrescent One BriarLake GP, LLC
    
    Delaware limited liability companyCrescent One Buckhead GP, LLC
    
    Delaware limited liability companyCrescent One Buckhead Plaza, L.P.
    
    Delaware limited partnershipCrescent Paseo Del Mar Member, LLC
    
    Delaware limited liability companyCrescent Peakview Tower, LLC
    
    Delaware limited liability companyCrescent Plaza Hotel Operating, LLC
    
    Delaware limited liability companyCrescent Plaza Hotel Owner, LP
    
    Delaware limited partnershipCrescent Plaza Hotel Owner GP, LLC
    
    Delaware limited liability companyCrescent Plaza Residential, LLC
    
    Delaware limited liability companyCrescent Plaza Residential, LP
    
    Delaware limited partnershipCrescent Plaza Residential LP, LLC
    
    Delaware limited liability companyCrescent Plaza Restaurant GP, LLC
    
    Delaware limited liability companyCrescent POC Investors, L.P.
    
    Delaware limited partnershipCrescent POCI GP, LLC
    
    Delaware limited liability companyCrescent Property Services, Inc.
    
    Delaware corporationCrescent RAMI GP, LLC
    
    Delaware limited liability companyCrescent RARI GP, LLC
    
    Delaware limited liability companyCrescent Real Estate Capital GP, LLC
    
    Delaware limited liability companyCrescent Real Estate Capital GS, L.P.
    
    Delaware limited partnershipCrescent Real Estate Capital MS, L.P.
    
    Delaware limited partnershipCrescent Real Estate Capital, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding I, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding II, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding III, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding IV, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding V, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding VI, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding VIII, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding XII, L.P.
    
    Delaware limited partnershipCrescent Real Estate Funding One, L.P.
    
    Delaware limited partnershipCrescent Redtail Management, LLC
    
    Delaware limited liability companyCrescent Resort Development, Inc.
    
    Delaware corporationCrescent Ross Avenue Mortgage Investors, L.P.
    
    Delaware limited partnershipCrescent Ross Avenue Realty Investors, L.P
    
    Delaware limited partnershipCrescent SC Holdings, L.P.
    
    Delaware limited partnershipCrescent Spectrum Center, L.P.
    
    Delaware limited partnershipCrescent Tax Services, Inc.
    
    Delaware corporationCrescent TC Investors, L.P.
    
    Delaware limited partnershipCrescent TCI GP, LLC
    
    Delaware limited liability companyCrescent Three Westlake GP, LLC
    
    Delaware limited liability companyCrescent Tower Residential, L.P.
    
    Delaware limited partnershipCrescent Travel Services, Inc.
    
    Delaware corporationCrescent TRS Holdings Corp.
    
    Delaware corporationCresWood Development, L.L.C.
    
    Texas limited liability companyCRL Investments, Inc.
    
    Texas corporationCSC Holdings Management, LLC
    
    Delaware limited liability companyCSC Management, LLC
    
    Delaware limited liability companyDBL Texas Holdings, Inc.
    
    Delaware corporationDBL-ABC, Inc.
    
    Delaware corporation
 - 3 -




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Name
    
    Type of EntityDBL-CBO, Inc.
    
    Texas corporationDedham Developers SGP, LLC
    
    Delaware limited liability companyDelganey at Riverfront Park, LLC, The
    
    Delaware limited liability companyDesert Mountain Associates, Inc.
    
    Arizona corporationDesert Mountain Development Corporation
    
    Delaware corporationDesert Mountain Properties, L.P.
    
    Delaware limited partnershipEast West Resort Development III, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development IV, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development V, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development VI, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development VII, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development VIII, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development IX, L.P., L.L.L.P.
    
    Delaware limited partnershipEast West Resort Development XIV, L.P., L.L.L.P.
    
    Delaware limited partnershipElijah Fulcrum Fund Partners, LP
    
    Texas limited partnershipEmpire Mountain Village, LLC
    
    Delaware limited liability companyEmpire Option Holding LLC
    
    Colorado limited liability companyEW Deer Valley, LLC
    
    Delaware limited liability companyEW Hotel Residences, LLC
    
    Delaware limited liability companyEWRD Perry Holding LP., L.L.L.P.
    
    Delaware limited partnershipEWRD Perry  Riverbend, LLC
    
    Delaware limited liability companyEWRD Summit LLC
    
    Delaware limited liability companyEWRD Summit Holding, L.P., L.L.L.P.
    
    Delaware limited partnershipFresh Choice, LLC
    
    Delaware limited liability companyG/C Waterside Associates, L.L.C.
    
    Texas limited liability companyGDW LLC
    
    Delaware limited liability companyGrays Station, LLC
    
    Delaware limited liability companyHBP Realty, LLC
    
    Delaware limited liability companyHC .35 Acre Tract LLC
    
    Delaware limited liability companyHCD/Parking LLC
    
    Delaware limited liability companyHighlands Hotel Company LLC
    
    Delaware limited liability companyHorizon Pass Lodge LLC
    
    Delaware limited liability companyHorizon Pass Townhomes LLC
    
    Delaware limited liability companyHouston Area Development Corp.
    
    Delaware corporationHummingbird Lodge LLC
    
    Delaware limited liability companyJefferson Station, LP
    
    Delaware limited partnershipLarkspur Residences, LLC
    
    Delaware limited liability companyMain Street Partners, L.P.
    
    Texas limited partnershipMain Street Partners Funding, L.P.
    
    Delaware limited partnershipMain Street Partners Management Company, L.P.
    
    Texas limited partnershipMain Street Station Breckenridge, LLC
    
    Delaware limited liability companyMain Street Station Real Estate, LLC
    
    Delaware limited liability companyMain Street Station Vacation Club
    
    Colorado general partnershipMira Vista Development Corp.
    
    Texas corporationMira Vista Golf Club, LLC
    
    Texas limited liability companyMira Vista Realty, Inc.
    
    Texas corporationMSPF GP, LLC
    
    Delaware limited liability companyMSPF Holdings, L.P.
    
    Delaware limited partnershipMSPF Holdings GP, LLC
    
    Delaware limited liability companyMSSVCGP, LLC
    
    Delaware limited liability companyNMP Holdings, LLC
    
    Delaware limited liability companyMV Penthouses, LLC
    
    Delaware limited liability companyNorthstar Big Horn, LLC
    
    Delaware limited liability companyNorthstar Iron Horse, LLC
    
    Delaware limited liability company
 - 4 -




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Name
    
    Type of EntityNorthstar Mountain Properties, LLC
    
    Delaware limited liability companyNorthstar Trailside Townhomes, LLC
    
    Delaware limited liability companyNorthstar Village Townhomes, LLC
    
    Delaware limited liability companyOld Greenwood, LLC
    
    Delaware limited liability companyOld Greenwood Realty, Inc.
    
    California corporationPaintbrush Residences, LLC
    
    Delaware limited liability companyPark Place at Riverfront Park LLC
    
    Delaware limited liability companyPark Plaza at Riverfront Park LLC
    
    Delaware limited liability companyPark Tower at Riverfront Park LLC
    
    Delaware limited liability companyParkside Townhomes, LLC
    
    Delaware limited liability companyPrecedent Opportunity Fund, L.P.
    
    Texas limited partnershipRedtail Capital Partners, L.P.
    
    Delaware limited partnershipRedtail Capital Partners One, LLC
    
    Delaware limited liability companyResidences Condominium in Uptown Association, Inc.
    
    Texas corporationRestaurant Riverfront, LLC
    
    Delaware limited liability companyRiverfront Lodge Residences, LLC
    
    Delaware limited liability companyRiverfront Park Retail, LLC
    
    Delaware limited liability companyRiverfront Village Hotel, LLC
    
    Delaware limited liability companyShooting Star Residences, LLC
    
    Delaware limited liability companySMI Operating Company, LLC
    
    Delaware limited liability companySMI Real Estate, LLC
    
    Delaware limited liability companySnowberry Residences, LLC
    
    Delaware limited liability companySonoma Golf Club, LLC
    
    Delaware limited liability companySonoma Golf Management, LLC
    
    Delaware limited liability companySonoma Golf, LLC
    
    Delaware limited liability companySonoma National, Inc.
    
    Delaware corporationSpectrum Mortgage Associates, L.P.
    
    Delaware limited partnershipSt. Charles Place, LLC
    
    Delaware limited liability companySunTx Fulcrum Fund, L.P.
    
    Delaware limited partnershipTahoe Club Company, LLC
    
    Delaware limited liability companyTahoe Lakeside Restaurant, LLC (inactive)
    
    Delaware limited liability companyTahoe Mountain Resorts, LLC
    
    Delaware limited liability companyThe Park at One Riverfront, LLC
    
    Delaware limited liability companyTownhomes at Riverfont Park, LLC
    
    Delaware limited liability comanyTruckee Land, LLC (inactive)
    
    Delaware limited liability companyUnion Center LLC
    
    Delaware limited liability companyUnion Center Hotel Residences, LLC
    
    Delaware limited liability compayVendue/Prioleau Associates LLC
    
    Delaware limited liability companyVillage Walk LLC
    
    Delaware limited liability companyWaterside Commons Limited Partnership
    
    Texas limited partnershipWest Eagle Ranch LLC
    
    Delaware limited liability company
 - 5 -