Exhibit 21.1
List of Subsidiaries
| Name | State of Incorporation or Organization | |||
| 1. | Buckhead Overlook, LLC | Georgia | ||
| 2. | Comstock Acquisitions, L.C. | Virginia | ||
| 3. | Comstock Airmont, L.C. | Virginia | ||
| 4. | Comstock Aldie, L.C. | Virginia | ||
| 5. | Comstock Barrington Park, L.C. | Virginia | ||
| 6. | Comstock Bellemeade, L.C. | Virginia | ||
| 7. | Comstock Belmont Bay 5, L.C. | Virginia | ||
| 8. | Comstock Belmont Bay 89, L.C. | Virginia | ||
| 9. | Comstock Blair Mill, L.L.C. | Virginia | ||
| 10. | Comstock Blooms Mill II, L.C. | Virginia | ||
| 11. | Comstock Brandy Station, L.C. | Virginia | ||
| 12. | Comstock Carter Lake, L.C. | Virginia | ||
| 13. | Comstock Cascades, L.C. | Virginia | ||
| 14. | Comstock Communities, L.C. | Virginia | ||
| 15. | Comstock Countryside, L.C. | Virginia | ||
| 16. | Comstock Culpeper, L.C. | Virginia | ||
| 17. | Comstock Delta Ridge II, L.L.C. | Virginia | ||
| 18. | Comstock Emerald Farm, L.C. | Virginia | ||
| 19. | Comstock Fairfax I, L.C. | Virginia | ||
| 20. | Comstock Flynn’s Crossing, L.C. | Virginia | ||
| 21. | Comstock Hamlets of Blue Ridge, L.C. | Virginia | ||
| 22. | Comstock Holland Road, L.L.C. | Virginia | ||
| 23. | Comstock Homes of North Carolina, L.L.C. | North Carolina | ||
| 24. | Comstock Homes of Raleigh, L.L.C. | North Carolina | ||
| 25. | Comstock Homes of Washington, L.C. | Virginia | ||
| 26. | Comstock Homes of Atlanta, LLC | Georgia | ||
| 27. | Comstock Kelton II, L.C. | Virginia | ||
| 28. | Comstock Lake Pelham, L.C. | Virginia | ||
| 29. | Comstock Landing, L.L.C. | Virginia | ||
| 30. | Comstock Loudoun Condos 1, L.C. | Virginia | ||
| 31. | Comstock North Carolina, L.L.C. | North Carolina | ||
| 32. | Comstock Penderbrook, L.C. | Virginia | ||
| 33. | Comstock Potomac Yard, L.C. | Virginia | ||
| 34. | Comstock Ryan Park, L.C. | Virginia | ||
| 35. | Comstock Sherbrooke, L.C. | Virginia | ||
| 36. | Comstock Summerland, L.C. | Virginia | ||
| 37. | Comstock Wakefield, L.L.C. | Virginia | ||
| 38. | Comstock Wakefield II, L.L.C. | Virginia | ||
| 39. | Highland Avenue Properties, LLC | Georgia | ||
| 40. | Highland Station Partners, LLC | Georgia | ||
| 41. | Mathis Partners, LLC | Georgia | ||
| 42. | North Shore Raleigh II, L.L.C. | Virginia | ||
| 43. | Comstock Realty, LLC | Georgia | ||
| 44. | Comstock James Road, LLC | Georgia | ||
| 45. | Post Preserve, LLC | Georgia | ||
| 46. | Raleigh Resolution, L.L.C. | Virginia | ||
| 47. | Settlement Title Services, L.L.C. | Virginia | ||
| 48. | TCG Debt Fund II, L.C. | Virginia | ||
| 49. | TCG Fund I, L.C. | Virginia | ||
| 50. | Tribble Road Development, LLC | Georgia | ||