EXHIBIT 21.1
Subsidiaries of Registrant
| Property Name | | State Organization |
| Lightstone Value Plus REIT, LP | | Delaware |
| LVP Gulf Coast Industrial Portfolio | | Delaware |
| LVP 120 Mallard LLC | | Delaware |
| LVP 100 James LLC | | Delaware |
| LVP 150 Canvasback LLC | | Delaware |
| LVP 107 Mallard LLC | | Delaware |
| LVP 143 Mallard LLC | | Delaware |
| LVP 150 Teal LLC | | Delaware |
| LVP 520 Elmwood Park LLC | | Delaware |
| LVP 11301 Industriplex LLC | | Delaware |
| LVP 1141 Industriplex LLC | | Delaware |
| LVP 6565 Exchequer LLC | | Delaware |
| LVP 7042 Alamos Downs LLC | | Delaware |
| Light 5405 Bandera LLC | | Delaware |
| Light 1700 Grandstand LLC | | Delaware |
| LVP 7402 Reindeer LLC | | Delaware |
| Lake Jackson Crossing Limited Partnership | | Texas |
| Whitfield Sarasota LLC | | Delaware |
| TLG Hotel Acquisitions, LLC | | Delaware |
| ESD # 5050 Houston - Katy Freeway, LLC | | Delaware |
| ESD # 5051 Houston - Sugar Land, LLC | | Delaware |
| LVP Acquisitions Corp | | Delaware |
| LVP Timber Creek LLC | | Delaware |
| LVP Wendover LLC | | Delaware |
| LVP Mallard Parking LLC | | Delaware |
| LVP Oakview Strip Center LLC | | Delaware |
| LVP Oakview Strip Center II LLC | | Delaware |
| LVP Camden Multi Family Portoflio, LLC | | Delaware |
| Carriage Hill MI LLC | | Delaware |
| Carriage Park MI LLC | | Delaware |
| MaComb Manor MI LLC | | Delaware |
| Scotsdale MI LLC | | Delaware |
| LVP Michigan MultiFamily Portfolio | | Delaware |
| LVP St. Augustine Outlets LLC | | Delaware |
| LVP 1407 Broadway LLC | | Delaware |
| PRO DFJV Holdings, LLC | | Delaware |
| LVP Everson Pointe, LLC | | Delaware |
| LVP CP Boston, LLC | | Delaware |
| LVP CP Boston Holding Corp. | | Delaware |
| LVP CP Boston Holdings, LLC | | Delaware |
| 1407 Broadway Mezz II LLC * | | Delaware |
| 50-01 2nd Street Associates LLC | | Delaware |
| 50-01 2nd Street Associates Holdings LLC | | Delaware |
| 50-01 2nd Street Development LLC | | Delaware |
| LVP DePaul Hold Co LLC | | Delaware |
| LVP DePaul LLC | | Delaware |
| LVP OP Hold Co LLC | | Delaware |
| LVP OP Hold Co II LLC | | Delaware |
| LVP OP Hold Co III LLC | | Delaware |
| LVP WVTC LLC | | Delaware |
| LVP Crowes Crossing LLC | | Delaware |
| LVP HI Brunswick LLC | | Delaware |
| Sun CNY Holding Corp | | Delaware |
| Sun CNY Properties LLC | | Delaware |
| Sun Gold Coast Holdings Corp | | Delaware |
| Sun Gold Coast Properties LLC | | Delaware |
| LVP Rego Park LLC | | Delaware |
| LVP CY Willoughby Holdings LLC | | Delaware |
| LVP CY Willoughby LLC | | Delaware |
| LVP CY Willoughby Holding Corp. | | Delaware |
| LVP FFI Des Moines Holdings LLC | | Delaware |
| LVP FFI Des Moines LLC | | Delaware |
| LVP FFI Des Moines Holding Corp. | | Delaware |
| LVP HI Auburn Holdings LLC | | Delaware |
| LVP HI Auburn LLC | | Delaware |
| LVP HI Auburn Holding Corp. | | Delaware |
| LVP SHS Des Moines Holdings LLC | | Delaware |
| LVP SHS Des Moines LLC | | Delaware |
| LVP SHS Des Moines Holding Corp. | | Delaware |
| LVP WVTC Holdings LLC | | Delaware |
| LVP WVTC Holding Corp. | | Delaware |
| LVP Rogers Holdings LLC | | Delaware |
| LVP Rogers LLC | | Delaware |
| LVP Rogers Holding Corp. | | Delaware |
| LVP FFI Jonesboro Holdings LLC | | Delaware |
| LVP FFI Jonesboro LLC | | Delaware |
| LVP FFI Jonesboro Holding Corp. | | Delaware |
| LVP RI Baton Rouge Holdings LLC | | Delaware |
| LVP RI Baton Rouge LLC | | Delaware |
| LVP RI Baton Rouge Holding Corp. | | Delaware |
| LVP CY Baton Rouge Holdings LLC | | Delaware |
| LVP CY Baton Rouge LLC | | Delaware |
| LVP CY Baton Rouge Holding Corp. | | Delaware |
| LVP HMI Ft. Lauderdale Holdings LLC | | Delaware |
| LVP HMI Ft. Lauderdale LLC | | Delaware |
| LVP HMI Ft. Lauderdale Holding Corp. | | Delaware |
| LVP HMI Miami Holdings LLC | | Delaware |
| LVP HMI Miami LLC | | Delaware |
| LVP HMI Miami Holding Corp. | | Delaware |
| LVP OP Holdings Corp. | | Delaware |
* Lightstone Value Plus REIT, LP owns a percentage interest in these entities.
