Exhibit 21
SUBSIDIARIES OF ELDERTRUST OPERATING LIMITED PARTNERSHIP
AS OF MARCH 18, 2005
ET Capital Corp., a Delaware corporation
ET GENPAR, L.L.C., a Delaware limited liability company
ET Sub-Belvedere Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Belvedere Finance, L.L.C., a Delaware limited liability company
ET Sub-Berkshire Limited Partnership, a Delaware limited partnership
ET Berkshire, LLC, a Delaware limited liability company
ET Sub-Cabot Park, L.L.C., a Delaware limited liability company
Cabot ALF, L.L.C., a Delaware limited liability company
ET Sub-Cleveland Circle, L.L.C. a Delaware limited liability company
Cleveland ALF, L.L.C., a Delaware limited liability company
ET Sub-DCMH Limited Partnership, L.L.P., a Virginia limited liability partnership
ET DCMH Finance, L.L.C., a Delaware limited liability company
ET Sub-Heritage Andover, L.L.C., a Delaware limited liability company
ET Sub-Heritage Woods, L.L.C., a Delaware limited liability company
ET Sub-Highgate, L.P., a Pennsylvania limited partnership
ET Sub-Lacey I, L.L.C., a Delaware limited liability company
ET Sub-Lehigh Limited Partnership, a Delaware limited partnership
ET Lehigh, LLC, a Delaware limited liability company
ET Sub-Lopatcong, L.L.C., a Delaware limited liability company
ET Sub-Pennsburg Manor Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Pennsburg Finance, L.L.C., a Delaware limited liability company
ET Sub-Phillipsburg I, L.L.C., a Delaware limited liability company
ET Sub-Pleasant View, L.L.C., a Delaware limited liability company
ET Sub-POB I Limited Partnership, L.L.P., a Virginia limited liability partnership
ET POBI Finance, L.L.C., a Delaware limited liability company
ET Sub-Rittenhouse Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Sub-Riverview Ridge Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Sub-Sanatoga Limited Partnership, a Delaware limited partnership
ET Sanatoga, LLC, a Delaware limited liability company
ET Sub-SMOB, L.L.C., a Delaware limited liability company
ET Sub-Vernon Court, L.L.C., a Delaware limited liability company
Vernon ALF, L.L.C., a Delaware limited liability company
ET Sub-Wayne I, Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Wayne Finance, L.L.C., a Delaware limited liability company
ET Sub-Willowbrook Limited Partnership, L.L.P., a Virginia limited liability partnership
ET Sub-Woodbridge, L.P., a Pennsylvania limited partnership