Necessity Retail REIT 10K 2020 Annual report | RTL Filing

EXHIBIT 21.1

Subsidiaries of American Finance Trust, Inc.


Name			Jurisdiction of Formation/Incorporation
55 Corporate Drive Condominium Association, LLC			New Jersey
AFN ABSPROP001, LLC			Delaware
AFN ABSPROP001-A, LLC			Delaware
AFN ABSPROP001-B, LLC			Delaware
American Finance Operating Partnership, L.P.			Delaware
ARC AAANGIN001, LLC			Delaware
ARC AABNLFL001, LLC			Delaware
ARC AATNTMA001, LLC			Delaware
ARC AAWSNGA001, LLC			Delaware
ARC ABHNDMS001, LLC			Delaware
ARC AMWNRKY001, LLC			Delaware
ARC ARERIPA001, LLC			Delaware
ARC ARVIRMN001, LLC			Delaware
ARC ASANDSC001, LLC			Delaware
ARC ASCGRMO001, LLC			Delaware
ARC AZCROMI001, LLC			Delaware
ARC AZCTOLA001, LLC			Delaware
ARC AZTMPGA001, LLC			Delaware
ARC BBLVSNV001, LLC			Delaware
ARC BFFTMFL001, LLC			Delaware
ARC BHTVCMI001, LLC			Delaware
ARC BKMST41001, LLC			Delaware
ARC CBDTNPA001, LLC			Delaware
ARC CBLDLPA001, LLC			Delaware
ARC CBLMAPA001, LLC			Delaware
ARC CBPHLPA001, LLC			Delaware
ARC CBPHLPA002, LLC			Delaware
ARC CBPHLPA003, LLC			Delaware
ARC CBPHLPA004, LLC			Delaware
ARC CBRBRPA001, LLC			Delaware
ARC CBWNEPA001, LLC			Delaware
ARC CHLKJTX001, LLC			Delaware
ARC CHVCTTX001, LLC			Delaware
ARC CKMST19001, LLC			Delaware
ARC CLORLFL001, LLC			Delaware
ARC CPFAYNC001, LLC			Delaware
ARC CPOKCOK001, LLC			Delaware
ARC CTCHRNC001, LLC			Delaware
ARC CVANSAL001, LLC			Delaware
ARC CVDETMI001, LLC			Delaware
ARC CVHYKMA001, LLC			Delaware
ARC DB5PROP001, LLC			Delaware


ARC DB5SAAB001, LLC			Delaware
ARC DGATHMI001, LLC			Delaware
ARC DGBGLLA001, LLC			Delaware
ARC DGBKHMS001, LLC			Delaware
ARC DGBNBGA001, LLC			Delaware
ARC DGCHEOK001, LLC			Delaware
ARC DGCMBMS001, LLC			Delaware
ARC DGDNDLA001, LLC			Delaware
ARC DGDVLLA001, LLC			Delaware
ARC DGFHLLA001, LLC			Delaware
ARC DGFLRMI001, LLC			Delaware
ARC DGFRTMS001, LLC			Delaware
ARC DGFTSAR001, LLC			Delaware
ARC DGGNWLA001, LLC			Delaware
ARC DGGSBVA001, LLC			Delaware
ARC DGGVLMS002, LLC			Delaware
ARC DGHBKLA001, LLC			Delaware
ARC DGHDNMI001, LLC			Delaware
ARC DGHTGWV001, LLC			Delaware
ARC DGHTSAR001, LLC			Delaware
ARC DGLAFTN001, LLC			Delaware
ARC DGLCRMN002, LLC			Delaware
ARC DGMBLAR001, LLC			Delaware
ARC DGMKNMI001, LLC			Delaware
ARC DGMRALA001, LLC			Delaware
ARC DGMSNTX002, LLC			Delaware
ARC DGNTALA001, LLC			Delaware
ARC DGRLFMS001, LLC			Delaware
ARC DGRSEMI001, LLC			Delaware
ARC DGRYLAR001, LLC			Delaware
ARC DGSRBMO001, LLC			Delaware
ARC DGSTNVA001, LLC			Delaware
ARC DGSVNMO001, LLC			Delaware
ARC DGTLSLA001, LLC			Delaware
ARC DGVDRTX001, LLC			Delaware
ARC DGVNLTN001, LLC			Delaware
ARC DGWPTMS001, LLC			Delaware
ARC DGWRNIN001, LLC			Delaware
ARC DGWSNNY001, LLC			Delaware
ARC FDBRNLA001, LLC			Delaware
ARC FDBTLKY001, LLC			Delaware
ARC FDCHLID001, LLC			Delaware
ARC FDCRLMO001, LLC			Delaware
ARC FDDNVAR001, LLC			Delaware
ARC FDDXRNM001, LLC			Delaware
ARC FDFNTPA001, LLC			Delaware
ARC FDHCRTX001, LLC			Delaware


ARC FDKRMCO001, LLC			Delaware
ARC FDOCYLA001, LLC			Delaware
ARC FDPLSTX001, LLC			Delaware
ARC FDWLDCO001, LLC			Delaware
ARC FEBSMND001, LLC			Delaware
ARC FECNBIA001, LLC			Delaware
ARC FEEGLWI001, LLC			Delaware
ARC FEGRFND001, LLC			Delaware
ARC FELELMS001, LLC			Delaware
ARC FESOUIA001, LLC			Delaware
ARC FEWAUWI001, LLC			Delaware
ARC FEWTNSD001, LLC			Delaware
ARC FLCLTNC001, LLC			Delaware
ARC FMMTCNJ001, LLC			Delaware
ARC FMMTVAL001, LLC			Delaware
ARC FMSNHPA001, LLC			Delaware
ARC HR5BEIL001, LLC			Delaware
ARC HR5BIAL001, LLC			Delaware
ARC HR5BPMN001, LLC			Delaware
ARC HR5CSAL001, LLC			Delaware
ARC HR5CSMA002, LLC			Delaware
ARC HR5CURI001, LLC			Delaware
ARC HR5CVGA001, LLC			Delaware
ARC HR5DOGA001, LLC			Delaware
ARC HR5GAGA001, LLC			Delaware
ARC HR5GASC001, LLC			Delaware
ARC HR5GAVA001, LLC			Delaware
ARC HR5GBNC001, LLC			Delaware
ARC HR5GRSC001, LLC			Delaware
ARC HR5HASC001, LLC			Delaware
ARC HR5HOWI001, LLC			Delaware
ARC HR5HPNY001, LLC			Delaware
ARC HR5MSSE001, LLC			Delaware
ARC HR5PEGA001, LLC			Delaware
ARC HR5PISC001, LLC			Delaware
ARC HR5SINJ001, LLC			Delaware
ARC HR5SLUT001, LLC			Delaware
ARC HR5SNFI001 SPE, LLC			Delaware
ARC HR5SNFI001, LLC			Delaware
ARC HR5SOCT001, LLC			Delaware
ARC HR5SSMA001, LLC			Delaware
ARC HR5SSMA002, LLC			Delaware
ARC HR5SSMA003, LLC			Delaware
ARC HR5SSRI001, LLC			Delaware
ARC HR5STP1001, LLC			Delaware
ARC HR5STP1002, LLC			Delaware
ARC HR5STP2001, LLC			Delaware


ARC HR5STP2002, LLC			Delaware
ARC HR5STP3001, LLC			Delaware
ARC HR5STP3002, LLC			Delaware
ARC HR5VAGA001, LLC			Delaware
ARC HR5ZUMN001, LLC			Delaware
ARC JCHUSTX001, LLC			Delaware
ARC JCLOUKY001, LLC			Delaware
ARC JCWSTCO001, LLC			Delaware
ARC LCROWTX001, LLC			Delaware
ARC LWAKNSC001, LLC			Delaware
ARC LWFYTNC001, LLC			Delaware
ARC LWMCNGA001, LLC			Delaware
ARC LWNBNNC001, LLC			Delaware
ARC LWRMTNC001, LLC			Delaware
ARC MCLVSNV001, LLC			Delaware
ARC MFAKNSC001, LLC			Delaware
ARC MFFNCAL001, LLC			Delaware
ARC MFHLDMI001, LLC			Delaware
ARC MFKXVTN002, LLC			Delaware
ARC MFMCDGA001, LLC			Delaware
ARC MFMDNID001, LLC			Delaware
ARC MFSGWMI001, LLC			Delaware
ARC MFTSEFL002, LLC			Delaware
ARC MFVALGA001, LLC			Delaware
ARC NCCHRNC001, LLC			Delaware
ARC NLLKLFL001, LLC			Delaware
ARC NPHUBOH001, LLC			Delaware
ARC NTMNDIL001, LLC			Delaware
ARC NTSNTTX001, LLC			Delaware
ARC NWNCHSC001, LLC			Delaware
ARC ORMNTWI001, LLC			Delaware
ARC PCBIRAL001, LLC			Delaware
ARC PRLAWKS001, LLC			Delaware
ARC PSFKFKY001 TRS, LLC			Delaware
ARC PSFKFKY001, LLC			Delaware
ARC PTSBGIL001, LLC			Delaware
ARC PTSCHIL001, LLC			Delaware
ARC QSOKCOK001, LLC			Delaware
ARC RBASHNC001, LLC			Delaware
ARC Retail TRS Holdco, LLC			Delaware
ARC RGCHRNC001, LLC			Delaware
ARC SMWMBFL001, LLC			Delaware
ARC SPSANTX001, LLC			Delaware
ARC SQMONPA001, LLC			Delaware
ARC SRTULOK001, LLC			Delaware
ARC SSSDLLA001, LLC			Delaware
ARC SSSEBFL001 TRS, LLC			Delaware


ARC SSSEBFL001, LLC			Delaware
ARC SWHOUTX001, LLC			Delaware
ARC SWWCHOH001 TRS, LLC			Delaware
ARC SWWCHOH001, LLC			Delaware
ARC SWWMGPA001, LLC			Delaware
ARC TCMESTX001, LLC			Delaware
ARC TKLWSFL001, LLC			Delaware
ARC TMMONPA001, LLC			Delaware
ARC TPEGPTX001, LLC			Delaware
ARC TSHRLKY001, LLC			Delaware
ARC TSHTNMI001, LLC			Delaware
ARC TSKCYMO001, LLC			Delaware
ARC TSVRNCT001, LLC			Delaware
ARC WEMPSMN001, LLC			Delaware
ARC WGBEATX001, LLC			Delaware
ARC WGGLTWY001, LLC			Delaware
ARC WGLNSMI001, LLC			Delaware
ARC WGOKCOK001, LLC			Delaware
ARC WGPNBAR001, LLC			Delaware
ARC WGTKRGA001, LLC			Delaware
ARC WGWFDMI001, LLC			Delaware
ARG 1CBHGNJ001, LLC			Delaware
ARG AA12PCK001, LLC			Delaware
ARG AA14PCK001, LLC			Delaware
ARG AACLMOH 001, LLC			Delaware
ARG AASDYMI001, LLC			Delaware
ARG ATCHTTN001, LLC			Delaware
ARG BE23PROP01, LLC			Delaware
ARG BE23PROP02, LLC			Delaware
ARG BHCLMSC001, LLC			Delaware
ARG BHELKNV001, LLC			Delaware
ARG BHJCKFL001, LLC			Delaware
ARG BHSLPLA001, LLC			Delaware
ARG BJMBHOH001, LLC			Delaware
ARG BKPNVLA001, LLC			Delaware
ARG CA2PSLB001, LLC			Delaware
ARG CCFAYNC001, LLC			Delaware
ARG CCLTZFL001, LLC			Delaware
ARG CCNLVTX001, LLC			Delaware
ARG CCTMPFL001, LLC			Delaware
ARG CHDUBGA001, LLC			Delaware
ARG CHMCHIL001, LLC			Delaware
ARG CHMCPIL001, LLC			Delaware
ARG CKHARTX001, LLC			Delaware
ARG CKLRDTX001, LLC			Delaware
ARG CKLRDTX002, LLC			Delaware
ARG CKLRDTX003, LLC			Delaware


ARG CKRGNTX001, LLC			Delaware
ARG CKWSLTX001, LLC			Delaware
ARG CURTSMI001, LLC			Delaware
ARG DDBLVTN001, LLC			Delaware
ARG DDBRVTN001, LLC			Delaware
ARG DDEPOTX001, LLC			Delaware
ARG DDFLTMI001, LLC			Delaware
ARG DDGRDMI001, LLC			Delaware
ARG DDHBLTX001, LLC			Delaware
ARG DDHUSTX001, LLC			Delaware
ARG DGASUIL001, LLC			Delaware
ARG DGBRKGA001, LLC			Delaware
ARG DGBRWKY001, LLC			Delaware
ARG DGCLKSIA001, LLC			Delaware
ARG DGCSTKY001, LLC			Delaware
ARG DGCTSMI001, LLC			Delaware
ARG DGDVLAL001, LLC			Delaware
ARG DGDWTNY001, LLC			Delaware
ARG DGEBRAL001, LLC			Delaware
ARG DGELKKY001, LLC			Delaware
ARG DGFLSKY001, LLC			Delaware
ARG DGFMCIL001, LLC			Delaware
ARG DGFRMNY001, LLC			Delaware
ARG DGGDDNY001, LLC			Delaware
ARG DGHARMI001, LLC			Delaware
ARG DGKNGNY001, LLC			Delaware
ARG DGKRHNY001, LLC			Delaware
ARG DGLCNMI001, LLC			Delaware
ARG DGLGRGA001, LLC			Delaware
ARG DGLGRGA002, LLC			Delaware
ARG DGMBLAL001, LLC			Delaware
ARG DGMDVTN001, LLC			Delaware
ARG DGMMVLTN001, LLC			Delaware
ARG DGMORMN001, LLC			Delaware
ARG DGNPTTN001, LLC			Delaware
ARG DGOTGNY001, LLC			Delaware
ARG DGPOTIL001, LLC			Delaware
ARG DGPRSNY001, LLC			Delaware
ARG DGRDLAL001, LLC			Delaware
ARG DGSDLKY001, LLC			Delaware
ARG DGSUMIL001, LLC			Delaware
ARG DGTABIL001, LLC			Delaware
ARG DGUTCNY001, LLC			Delaware
ARG DGVLYAL001, LLC			Delaware
ARG DGWASIL001, LLC			Delaware
ARG DGWTMAL001, LLC			Delaware
ARG DI51PCK001, LLC			Delaware


ARG DNMGCIN001, LLC			Delaware
ARG FEBRNMN001, LLC			Delaware
ARG FECSPWY001, LLC			Delaware
ARG FERLLMO001, LLC			Delaware
ARG FM16PCK001, LLC			Delaware
ARG FMABNME001, LLC			Delaware
ARG FMALXLA001, LLC			Delaware
ARG FMATHTX001, LLC			Delaware
ARG FMBKHMS001, LLC			Delaware
ARG FMCHIIL001, LLC			Delaware
ARG FMCMGGA001, LLC			Delaware
ARG FMCTVMS001, LLC			Delaware
ARG FMDADAL001, LLC			Delaware
ARG FMEKVTN001, LLC			Delaware
ARG FMETPAL001, LLC			Delaware
ARG FMGFBFL001, LLC			Delaware
ARG FMGRDMI001, LLC			Delaware
ARG FMIDBOK001, LLC			Delaware
ARG FMJCKAL001, LLC			Delaware
ARG FMJCKFL001, LLC			Delaware
ARG FMMRVAL001, LLC			Delaware
ARG FMNEWMS001, LLC			Delaware
ARG FMPDTSC001, LLC			Delaware
ARG FMPGIMS001, LLC			Delaware
ARG FMPHIMS001, LLC			Delaware
ARG FMSKSMO001, LLC			Delaware
ARG FMTALAL001, LLC			Delaware
ARG FMTMVAL001, LLC			Delaware
ARG FMTYLTX001, LLC			Delaware
ARG GPM32PK001, LLC			Delaware
ARG HD4PSLB001, LLC			Delaware
ARG IM 13PKSLB001, LLC			Delaware
ARG IM12PKSLB001, LLC			Delaware
ARG JAFPTIL001, LLC			Delaware
ARG KGOMHNE001, LLC			Delaware
ARG KK10PCK001, LLC			Delaware
ARG LCFLTMI001, LLC			Delaware
ARG LDBHRMI001, LLC			Delaware
ARG MC11SLB001, LLC			Delaware
ARG MCWSLB001, LLC			Delaware
ARG ME19PCK001, LLC			Delaware
ARG MEAKDAR001, LLC			Delaware
ARG MEARLAL001, LLC			Delaware
ARG MEBDWGA001, LLC			Delaware
ARG MEBFDGA001, LLC			Delaware
ARG MECANGA001, LLC			Delaware
ARG MECANGA002, LLC			Delaware


ARG MECBTAR001, LLC			Delaware
ARG MECLLAL001, LLC			Delaware
ARG MECLLAL002, LLC			Delaware
ARG MECMGGA001, LLC			Delaware
ARG MECNLGA001, LLC			Delaware
ARG MECRNAR001, LLC			Delaware
ARG MECTNSC001, LLC			Delaware
ARG MECTWGA001, LLC			Delaware
ARG MEDGVGA001, LLC			Delaware
ARG MEELDAR001, LLC			Delaware
ARG MEELDAR002, LLC			Delaware
ARG MEELDAR003, LLC			Delaware
ARG MEELJGA001, LLC			Delaware
ARG MEEVAAL001, LLC			Delaware
ARG MEFDCAR001, LLC			Delaware
ARG MEGHPAL001, LLC			Delaware
ARG MEHGVGA001, LLC			Delaware
ARG MEHMRGA001, LLC			Delaware
ARG MEHNTAL001, LLC			Delaware
ARG MEHNTAL002, LLC			Delaware
ARG MEHNTAL003, LLC			Delaware
ARG MEHOPAR001, LLC			Delaware
ARG MEHZNAR001, LLC			Delaware
ARG MEJSPGA001, LLC			Delaware
ARG MEMCVGA001, LLC			Delaware
ARG MENTLMS001, LLC			Delaware
ARG MEONNAL001, LLC			Delaware
ARG MEOWCAL001, LLC			Delaware
ARG MEPHCAL001, LLC			Delaware
ARG MERDBAL001, LLC			Delaware
ARG MERDBAL003, LLC			Delaware
ARG MERSSAL001, LLC			Delaware
ARG MERSTLA001, LLC			Delaware
ARG MERVDGA001, LLC			Delaware
ARG MESMOAR001, LLC			Delaware
ARG MESMVGA001, LLC			Delaware
ARG MESRCAR001, LLC			Delaware
ARG METOCGA001, LLC			Delaware
ARG METOCGA002, LLC			Delaware
ARG METRNGA001, LLC			Delaware
ARG MEVNAAL001, LLC			Delaware
ARG MEWSKGA001, LLC			Delaware
ARG MEWSKGA002, LLC			Delaware
ARG MEWSKGA003, LLC			Delaware
ARG OCPOOL2001, LLC			Delaware
ARG OCPOOL4001, LLC			Delaware
ARG PH14SLB001, LLC			Delaware


ARG PH17SLB001, LLC			Delaware
ARG PH31SLB001, LLC			Delaware
ARG PHCHRNC002, LLC			Delaware
ARG PHCMBOH001, LLC			Delaware
ARG PHCMBOH002, LLC			Delaware
ARG PHGTNNC001, LLC			Delaware
ARG PHMDLTX001, LLC			Delaware
ARG PHNLXOH001, LLC			Delaware
ARG PHNTNNC001, LLC			Delaware
ARG PHWSVOH001, LLC			Delaware
ARG PHZSVOH001, LLC			Delaware
ARG SBTLHFL001, LLC			Delaware
ARG SBTLHFL002, LLC			Delaware
ARG SBTLHFL003, LLC			Delaware
ARG SNBLXMS001, LLC			Delaware
ARG SNCLLMS001, LLC			Delaware
ARG SNELLMS001, LLC			Delaware
ARG SNGLFMS001, LLC			Delaware
ARG SNGLFMS002, LLC			Delaware
ARG SNGLFMS003, LLC			Delaware
ARG SNHTTMS001, LLC			Delaware
ARG SNLNBMS001, LLC			Delaware
ARG SNLTHFL001, LLC			Delaware
ARG SNMGEMS001, LLC			Delaware
ARG SNPLCFL001, LLC			Delaware
ARG SNPRVMS001, LLC			Delaware
ARG SNPTLMS001, LLC			Delaware
ARG SNRBRAL001, LLC			Delaware
ARG SNRVRFL001, LLC			Delaware
ARG SNRVRFL002, LLC			Delaware
ARG SNTSCAL001, LLC			Delaware
ARG SNTYLMS001, LLC			Delaware
ARG SNWCHFL001, LLC			Delaware
ARG SNWDVMS001, LLC			Delaware
ARG SNWVLMS001, LLC			Delaware
ARG SNWYNMS001, LLC			Delaware
ARG TJCNTKS001, LLC			Delaware
ARG TJCRKIA001, LLC			Delaware
ARG TJCRLIA001, LLC			Delaware
ARG TJINDMO001, LLC			Delaware
ARG TJMNHID001, LLC			Delaware
ARG TJNMKMN001, LLC			Delaware
ARG TJSPRMN001, LLC			Delaware
ARG TSAMCGA001, LLC			Delaware
ARG TSCDZOH001, LLC			Delaware
ARG TSCTLAZ001, LLC			Delaware


ARG TSFLDSD001, LLC			Delaware
ARG TSHZNND001, LLC			Delaware
ARG TSNCDOK001, LLC			Delaware
ARG TSSCRNM001, LLC			Delaware
ARG WLGREFI001, LLC			Delaware
ARG WO19PCK001, LLC			Delaware
Genie Acquisition, LLC			Delaware
RAC LAND, LLC			Delaware

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. senior Avg

Necessity Retail REIT (RTL) 10-K2020 FY Annual report

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