Exhibit 21
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EQUITY RESIDENTIAL PROPERTIES TRUST
SUBSIDARIES
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1 ERP OPERATING LIMITED PARTNERSHIP
2 EVANS WITHYCOMBE RESIDENTIAL LIMITED PARTNERSHIP
3 MERRY LAND DOWNREIT I LP
4 EQUITY RESIDENTIAL PROPERTIES MANAGEMENT CORP
5 EQUITY RESIDENTIAL PROPERTIES MANAGEMENT L.P.
6 EQUITY RESIDENTIAL PROPERTIES MANAGEMENT CORP II
7 EQUITY RESIDENTIAL PROPERTIES MANAGEMENT L.P. II
8 EQUITY RESIDENTIAL PROPERTIES MANAGEMENT CORP III
9 EVANS WITHYCOMBE MANAGEMENT INC.
10 WADLINGTON INVESTMENTS GENERAL PARTNERSHIP
11 ARTERY NORTHAMPTON LIMITED PARTNERSHIP
12 BUENA VISTA PLACE ASSOCIATES
13 Capital Realty Investors Tax Exempt Fund, L.P.
14 CAPREIT Arbor Glen L.P.
15 CAPREIT ATRIUM, L.P.
16 CAPREIT BOTANY ARMS, L.P.
17 CAPREIT BRECKENRIDGE
18 CAPREIT BURWICK FARMS, L.P.
19 CAPREIT Cedars L.P.
20 CAPREIT CHIMNEYS, L.P.
21 CAPREIT CLARION, L.P.
22 CAPREIT CONCORDE BRIDGE, L.P.
23 CAPREIT CREEKWOOD, L.P.
24 CAPREIT EASTLAND ON THE LAKE, L.P.
25 CAPREIT Farmington Gates L.P.
26 CAPREIT GARDEN LAKE, L.P.
27 CAPREIT GLENEAGLE, L.P.
28 CAPREIT GREYEAGLE, L.P.
29 CAPREIT HAMPTON ARMS, L.P.
30 CAPREIT HIDDEN OAKS, L.P.
31 CAPREIT HIGHLAND GROVE, L.P.
32 CAPREIT MARINER'S WHARF, L.P.
33 CAPREIT NORTHLAKE, L.P.
34 CAPREIT Ridgeway Commons L.P.
35 CAPREIT River Oak L.P.
36 CAPREIT SILVER SPRINGS, L.P.
37 CAPREIT SYCAMORE RIDGE, L.P.
38 CAPREIT TARMARIND AT STONEBRIDGE, L.P.
39 CAPREIT TIVOLI LAKES CLUB, L.P.
40 CAPREIT Westwood Pines L.P.
41 CAPREIT Woodcrest Villa L.P.
42 CAPREIT WOODLAND MEADOWS, L.P.
43 CARROLLWOOD LP
44 CEDAR CREST GENERAL PARTNERSHIP
45 COUNTRY CLUB ASSOCIATES LIMITED PARTNERSHIP
46 COUNTRY RIDGE GENERAL PARTNERSHIP
47 CRICO of Trailway Pond II, L.P.
48 CRICO of White Bear Woods I, L.P.
49 CRICO of Ethan's I, L.P.
50 CRICO of Ethan's II, L.P.
51 CRICO of Fountain Place, L.P.
52 CRICO of James Street Crossing, L.P.
53 CRICO of Ocean Walk, L.P.
54 CRICO of Regency Woods, L.P.
55 CRICO of Trailway Pond I, L.P.
56 CRICO of Valley Creek I, L.P.
57 CRICO of Valley Creek II, L.P.
58 CRICO of Woodlane Place, L.P.
59 CRICO Royal Oaks, L.P.
60 E-G-ONE ASSOCIATES
61 E-G-TWO ASSOCIATES
62 E-LODGE ASSOCIATES LIMITED PARTNERSHIP
63 EQR- ARBORS FINANCING LIMITED PARTNERSHIP
64 EQR- IRONWOOD, L.L.C.
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EQUITY RESIDENTIAL PROPERTIES TRUST
SUBSIDARIES
----------------------------------------------------
65 EQR- WYNDRIDGE II, L.L.C.
66 EQR-740 RIVER DRIVE, LLC
67 EQR-ALDERWOOD LP
68 EQR-ARBORETUM, LLC
69 EQR-ARIZONA, L.L.C.
70 EQR-ARTBHOLDER, L.L.C.
71 EQR-ARTCAPLOAN, L.L.C.
72 EQR-BELLEVUE MEADOW GP LP
73 EQR-BELLEVUE MEADOW LP
74 EQR-BOND PARTNERSHIP
75 EQR-BRAMBLEWOOD GP LP
76 EQR-BRAMBLEWOOD LP
77 EQR-BRETON HAMMOCKS FINANCING LIMITED PARTNERSHIP
78 EQR-BRIARWOOD GP LP
79 EQR-BRIARWOOD LP
80 EQR-BROADWAY LP
81 EQR-BROOKSIDE, LLC
82 EQR-BS FINANCING LIMITED PARTNERSHIP
83 EQR-CALIFORNIA, L.L.C
84 EQR-CAMELLERO FINANCING LIMITED PARTNERSHIP
85 EQR-CANTER CHASE GENERAL PARTNERSHIP
86 EQR-CEDAR POINTE GP LP
87 EQR-CEDAR POINTE LP
88 EQR-CEDAR RIDGE GP, LLC
89 EQR-CEDAR RIDGE LP
90 EQR-CHARDONNAY PARK, L.L.C.
91 EQR-CHELSEA SQUARE GP LP
92 EQR-CHELSEA SQUARE LP
93 EQR-COACHMAN TRIALS, LLC
94 EQR-CONNOR, LLC
95 EQR-CONTINENTAL VILLAS FINANCING LIMITED PARTNERSHIP
96 EQR-CREEKSIDE GP LP
97 EQR-CREEKSIDE LP
98 EQR-CREEKSIDE OAKS GENERAL PARTNERSHIP
99 EQR-DARTMOUTH WOODS GENERAL PARTNERSHIP
100 EQR-DORAL FINANCING LIMITED PARTNERSHIP
101 EQR-EMERALD PLACE FINANCING LIMITED PARTNERSHIP
102 EQR-EOI FINANCING LIMITED PARTNERSHIP
103 EQR-ESSEX PLACE FINANCING LIMITED PARTNERSHIP
104 EQR-FAIRFIELD, LLC
105 EQR-FERNBROOK, LLC
106 EQR-FIELDERS CROSSING GP, LLC
107 EQR-FIELDERS CROSSING LP
108 EQR-FIRESIDE, LLC
109 EQR-FLATLANDS, LLC
110 EQR-GOVERNOR'S PLACE FINANCING LIMITED PARTNERSHIP
111 EQR-GRANDVIEW I GP LP
112 EQR-GRANDVIEW I LP
113 EQR-GRANDVIEW II GP LP
114 EQR-GRANDVIEW II LP
115 EQR-GREENHAVEN GP LP
116 EQR-GREENHAVEN LP
117 EQR-HIGHLINE OAKS, L.L.C.
118 EQR-IRONWOOD, LLC
119 EQR-KEYSTONE FINANCING GENERAL PARTNERSHIP
120 EQR-LAKESHORE AT PRESTON LP
121 EQR-LAKEVILLE RESORT GENERAL PARTNERSHIP
122 EQR-LAKEWOOD GREENS GP, LLC
123 EQR-LAKEWOOD GREENS LP
124 EQR-LEXINGTON FARM, LLC
125 EQR-LINCOLN GREEN I AND II GP LIMITED PARTNERSHIP
126 EQR-LINCOLN VILLAGE (CA) I LP
127 EQR-LINCOLN VILLAGE (CA) II LP
128 EQR-LODGE (OK) GP LIMITED PARTNERSHIP
129 EQR-MARKS A, L.L.C.
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EQUITY RESIDENTIAL PROPERTIES TRUST
SUBSIDIARIES
-------------------------------------------------
130 EQR-MARKS B, L.L.C.
131 EQR-MARTINS LANDING, LLC
132 EQR-MET CA FINANCING LIMITED PARTNERSHIP
133 EQR-MET FINANCING LIMITED PARTNERSHIP
134 EQR-MILL POND, LLC
135 EQR-MISSOURI, L.L.C.
136 EQR-MOUNTAIN SHADOWS GP LP
137 EQR-MOUNTAIN SHADOWS LP
138 EQR-MUIRFIELD, LLC
139 EQR-NORTH CREEK, LLC
140 EQR-NORTH HILL, L.L.C.
141 EQR-OLDE REDMOND GP LP
142 EQR-OLDE REDMOND LP
143 EQR-OLDE REDMOND LP LP
144 EQR-OREGON, L.L.C.
145 EQR-OVERLOOK MANOR II, LLC
146 EQR-PARK PLACE I GENERAL PARTNERSHIP
147 EQR-PARK PLACE II GENERAL PARTNERSHIP
148 EQR-PARKCREST, LLC
149 EQR-PARKSIDE LP
150 EQR-PINE MEADOWS GARDEN GENERAL PARTNERSHIP
151 EQR-PLANTATION FINANCING LIMITED PARTNERSHIP
152 EQR-PLANTATION, L.L.C.
153 EQR-PLEASANT RIDGE LP
154 EQR-PORTLAND CENTER, LLC
155 EQR-PRESTON BEND, G.P.
156 EQR-RESERVE SQUARE LIMITED PARTNERSHIP
157 EQR-RIDGEMONT/MOUNTAIN BROOK, L.L.C.
158 EQR-RIVER PARK LP
159 EQR-SANDSTONE LP
160 EQR-SMOKETREE, LLC
161 EQR-SONTERRA AT FOOTHILLS RANCH LP
162 EQR-SOUTHWOOD GP LP
163 EQR-SOUTHWOOD LP
164 EQR-SOUTHWOOD LP I LP
165 EQR-SOUTHWOOD LP II LP
166 EQR-SPINNAKER COVE, L.L.C.
167 EQR-SUMMER CREEK, LLC
168 EQR-SUMMERWOOD LP
169 EQR-SURREY DOWNS GP LP
170 EQR-SURREY DOWNS LP
171 EQR-SURREY DOWNS LP LP
172 EQR-SWN LINE FINANCING LIMITED PARTNERSHIP
173 EQR-TANASBOURNE TERRACE FINANCING LIMITED PARTNERSHIP
174 EQR-THE LAKES AT VININGS, LLC
175 EQR-TIMBERWOOD GP LP
176 EQR-TIMBERWOOD LP
177 EQR-TOWNHOMES OF MEADOWBROOK, LLC
178 EQR-TRAILS AT DOMINION GENERAL PARTNERSHIP
179 EQR-VALLEY PARK SOUTH FINANCING LIMITED PARTNERSHIP
180 EQR-VILLA SERENAS GENERAL PARTNERSHIP
181 EQR-VILLAGE OAKS GENERAL PARTNERSHIP
182 EQR-VILLAS OF JOSEY RANCH GP, LLC
183 EQR-VILLAS OF JOSEY RANCH LP
184 EQR-VININGS AT ASHLEY LAKE, L.L.C.
185 EQR-VIRGINIA, L.L.C.
186 EQR-WARWICK, L.L.C.
187 EQR-WASHINGTON, L.L.C.
188 EQR-WATERFALL, L.L.C.
189 EQR-WATSON G.P.
190 EQR-WELLINGTON, L.L.C.
191 EQR-WEST COAST PORTFOLIO GP, LLC
192 EQR-WIMBLEDON OAKS LP
193 EQR-WOODLAKE GP LP
194 EQR-WOODLAKE LP
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EQUITY RESIDENTIAL PROPERTIES TRUST
SUBSIDIARIES
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195 EQR-WOODLEAF GP LP
196 EQR-WOODLEAF LP
197 EQR-WOODRIDGE I LP
198 EQR-WOODRIDGE II LP
199 EQR-WOODRIDGE III LP
200 EQR-WOODRIDGE, LLC
201 EQR-WYNDRIDGE III, L.L.C.
202 EQR-YORKTOWNE FINANCING LIMITED PARTNERSHIP
203 EQUITY-GREEN I VENTURE LIMITED PARTNERSHIP
204 EQUITY-GREEN II VENTURE LIMITED PARTNERSHIP
205 EQUITY-LODGE VENTURE LTD.
206 ERP-SOUTHEAST PROPERTIES, LLC
207 EVANS WITHYCOMBE FINANCE, L.P.
208 EW CHANDLER, L.P.
209 FOREST PLACE ASSOCIATES
210 FOURTH TOWNE CENTRE LIMITED PARTNERSHIP
211 FPAII, L.P.
212 Geary Courtyard Associates
213 GEORGIAN WOODS ANNEX ASSOCIATES
214 GLENLAKE CLUB L.P.
215 GREENWICH WOODS LIMITED PARTNERSHIP
216 HAMMOCKS AT LONG POINT, LLC
217 HORIZON PLACE ASSOCIATES
218 HUNTERS'S GLEN GENERAL PARTNERSHIP
219 HUNTINGTON, LLC
220 LANDON LEGACY PARTNERS LIMITED
221 LANDON PRAIRIE CREEK PARTNERS LIMITED
222 LENOX PLACE LP
223 MAGNOLIA VILLA, LLC
224 MCCASLIN HIDDEN LAKES, LTD.
225 MCCASLIN RIVERHILL, LTD.
226 MCKINLEY HILLS PARTNERS-85,
227 MERRY LAND, LLC
228 ML NORTH CAROLINA APARTMENTS LP
229 ML TENNESSEE APARTMENTS LP
230 ML TEXAS APARTMENTS LP
231 NORTHRIDGE LAKES LP
232 NRL ASSOCIATES LP
233 OAKS AT BAYMEADOWS ASSOCIATES
234 OAKS AT REGENCY ASSOCIATES
235 ROLIDO PARQUE GP
236 ROSEHILL POINTE GENERAL PARTNERSHIP
237 SARASOTA BENEVA PLACE ASSOICATES, LTD.
238 SEAGULL DRIVE JOINT VENTURE
239 SECOND COUNRTY CLUB ASSOCIATES LIMITED PARTNERSHIP
240 SECOND GEORGIAN WOODS LIMITED PARTNERSHIP
241 SONGBIRD GENERAL PARTNERSHIP
242 SUMMIT PLACE, LLC
243 SUNNY OAK VILLAGE GENERAL PARTNERSHIP
244 THE CROSSINGS ASSOCIATES
245 THE GATES OF REDMOND, L.L.C.
246 THE WIMBERLY APARTMENT HOMES, LTD.
247 THIRD TOWNE CENTRE LIMITED PARTNERSHIP
248 TOWERS AT PORTSIDE URBAN RENEWAL COMPANY, LLC
249 VININGS CLUB AT METROWEST LP
250 WINDSOR PLACE, LLC
251 WOOD FOREST ASSOCIATES
252 WOODCREST (AUGUSTA), LLC
QUALIFIED REIT SUBSIDIARIES:
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1 EQR-QRS HIGHLINE OAKS, INC
2 EQR-QRS RIDGEMONT/MOUNTAIN BROOK, INC
3 EQR-QRS SPINNAKER COVE, INC.
4 EQR-QRS WYNDRIDGE II, INC.
5 EQR-QRS WYNDRIDGE III, INC.
6 ERP-QRS ARBORS, INC.
7 ERP-QRS BRETON HAMMOCKS, INC.
8 ERP-QRS BS, INC.
9 ERP-QRS CAMELLERO, INC.
10 ERP-QRS CANTER CHASE, INC.
11 ERP-QRS CEDAR CREST, INC.
12 ERP-QRS CEDAR RIDGE, INC.
13 ERP-QRS CHAPARRAL CREEK, INC.
14 ERP-QRS CONTINENTAL VILLAS, INC.
15 ERP-QRS COUNTRY CLUB I, INC.
16 ERP-QRS COUNTRY CLUB II, INC.
17 ERP-QRS COUNTRY RIDGE, INC.
18 ERP-QRS CPRT II, INC.
19 ERP-QRS CPRT, INC.
20 ERP-QRS CREEKSIDE OAKS, INC.
21 ERP-QRS DARTMOUTH WOODS, INC.
22 ERP-QRS DORAL, INC.
23 ERP-QRS EMERALD PLACE, INC.
24 ERP-QRS EOI, INC.
25 ERP-QRS ESSEX PLACE, INC.
26 ERP-QRS FAIRFIELD, INC.
27 ERP-QRS FLATLANDS, INC.
28 ERP-QRS GEORGIAN WOODS ANNEX, INC.
29 ERP-QRS GLENLAKE CLUB, INC.
30 ERP-QRS GOVERNOR'S PLACE, INC.
31 ERP-QRS GREENWICH WOODS, INC.
32 ERP-QRS HARBOR POINTE, INC.
33 ERP-QRS HUNTER'S GLEN, INC.
34 ERP-QRS LAKEVILLE RESORT, INC.
35 ERP-QRS LAKEWOOD GREENS, INC.
36 ERP-QRS LINCOLN GREEN, INC.
37 ERP-QRS LODGE (OK), INC.
38 ERP-QRS MAGNUM, INC.
39 ERP-QRS MET CA, INC.
40 ERP-QRS MET, INC.
41 ERP-QRS NORTHAMPTON I, INC.
42 ERP-QRS PARK PLACE I, INC.
43 ERP-QRS PARK PLACE II, INC.
44 ERP-QRS PINE MEADOWS GARDEN, INC.
45 ERP-QRS PLANTATION, INC.
46 ERP-QRS PRESTON BEND, INC.
47 ERP-QRS RESERVE SQUARE, INC.
48 ERP-QRS ROLIDO PARQUE, INC.
49 ERP-QRS ROSEHILL POINTE, INC.
50 ERP-QRS SLEEPY HOLLOW, INC.
51 ERP-QRS SONGBIRD, INC.
52 ERP-QRS SONTERRA AT FOOTHILLS RANCH, INC.
53 ERP-QRS STONEBROOK, INC.
54 ERP-QRS SUNNY OAK VILLAGE, INC.
55 ERP-QRS SWN LINE, INC.
56 ERP-QRS TANASBOURNE TERRACE, INC.
57 ERP-QRS TOWNE CENTRE III, INC.
58 ERP-QRS TOWNE CENTRE IV, INC.
59 ERP-QRS TRAILS AT DOMINION, INC.
60 ERP-QRS VALLEY PARK SOUTH, INC.
61 ERP-QRS VILLA SERENAS, INC.
62 ERP-QRS VILLAGE OAKS, INC.
63 ERP-QRS WATSON, INC.
64 ERP-QRS WELLINGTON HILL, INC.
65 ERP-QRS YORKTOWNE, INC.
66 EVANS WITHYCOMBE FINANCE, INC
67 MERRY LAND APARTMENT COMMUNITIES, INC.
68 ML SERVICES, INC.
69 QRS IRONWOOD, INC.
70 QRS MARKS A, INC.
71 QRS MARKS B, INC.
72 QRS MISSOURI, INC.
73 QRS WARWICK, INC.
74 QRS-740 RIVER DRIVE, INC.
75 QRS-ARBORETUM, INC.
76 QRS-ARTBHOLDER, INC.
77 QRS-ARTCAPLOAN, INC.
78 QRS-BOND, INC.
79 QRS-CHARDONNAY PARK, INC
80 QRS-CONNOR, INC.
81 QRS-FERNBROOK, INC.
82 QRS-GATES OF REDMOND, INC
83 QRS-LLC, INC.
84 QRS-MUIRFIELD, INC.
85 QRS-NORTH HILL, INC
86 QRS-PORTLAND CENTER, INC.
87 QRS-SCARBOROUGH, INC.
88 QRS-SMOKETREE, INC.
89 QRS-TOWERS AT PORTSIDE, INC.
90 QRS-TOWNHOMES OF MEADOWBROOK, INC.
91 QRS-VININGS AT ASHLEY LAKE, INC.
92 QRS-WATERFALL, INC.
93 QRS-WOODRIDGE, INC.
94 WADLINGTON, INC.