Exhibit 21.1

SUBSIDIARY LIST (BY JURISDICTION)

California
 
 
Bay Rincon, LP
 
San Francisco Bay Partners II, Ltd.

Connecticut
 
 
Bronxville West, LLC
 
Forestbroad LLC
 
Smithtown Galleria Associates Limited Partnership
 
Town Close Associates Limited Partnership

Delaware
 
 
AIV I, LLC
 
Alameda Financing, L.P.
 
AMP Apartments, LLC
 
AMP Apartments Subtenant, LLC
 
AMV I, LLC
 
AMV II, LLC
 
AMV III, LLC
 
AMV IV, LLC
 
Aria at Hathorne Hill, LLC
 
Aria at Laurel Hill, LLC
 
Arlington Square Financing, LLC
 
Avalon 57, LLC
 
Avalon Anaheim Stadium, L.P.
 
Avalon at Ballston, LLC
 
Avalon at Diamond Heights, L.P.
 
Avalon at Dublin Station, L.P.
 
Avalon at Florham Park, LLC
 
Avalon at Mission Bay III, L.P.
 
Avalon at Pacific Bay, L.P.
 
Avalon at Providence Park, LLC
 
Avalon Ballard, LLC
 
Avalon Belltown, LLC
 
Avalon Brandemoor II, LLC
 
Avalon California Value I, LLC
 
Avalon California Value II, LLC
 
Avalon California Value III, LLC
 
Avalon California Value IV, LLC
 
Avalon California Value V, LLC
 
Avalon California Value VI, LLC
 
Avalon California Value VII, LLC
 
Avalon California Value VIII, LLC
 
Avalon Clark and Polk, LLC
 
Avalon Del Rey Apartments, LLC
 
Avalon DownREIT V, L.P.
 
Avalon Encino, L.P.
 
Avalon Fair Lakes, LLC
 
Avalon Fashion Valley, L.P.
 
Avalon Gold, LLC
 
Avalon Green II, LLC
 
Avalon Grosvenor, L.P.
 
Avalon HV Manager, LLC
 
Avalon II California Value I, L.P.
 
Avalon II California Value II, L.P.
 
 
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Avalon II California Value III, L.P.
 
Avalon II Maryland Value I, L.P.
 
Avalon II Maryland Value II, L.P.
 
Avalon II Maryland Value III, L.P.
 
Avalon II New Jersey Value I, L.P.
 
Avalon II Virginia Value I, L.P.
 
Avalon II Virginia Value II, L.P.
 
Avalon II Washington Value I, L.P.
 
Avalon Illinois Value I, LLC
 
Avalon Illinois Value II, LLC
 
Avalon Illinois Value III, LLC
 
Avalon Irvine, L.P.
 
Avalon Lowlands, LLC
 
Avalon Lyndhurst, LLC
 
Avalon Maryland Value I, LLC
 
Avalon Maryland Value II, LLC
 
Avalon Maryland Value III, LLC
 
Avalon Massachusetts Value I, LLC
 
Avalon Massachusetts Value II, LLC
 
Avalon Mosaic, LLC
 
Avalon New Jersey Urban Renewal Entity I, LLC
 
Avalon New Jersey Value II, LLC
 
Avalon New Rochelle II, LLC
 
Avalon New York Value I, LLC
 
Avalon Newport, L.P.
 
Avalon North Bergen, LLC
 
Avalon Ocean Avenue, L.P.
 
Avalon Oyster, LLC
 
Avalon Park Crest, LLC
 
Avalon Queen Anne, LLC
 
Avalon Riverview I, LLC
 
Avalon Riverview North, LLC
 
Avalon Run, LLC
 
Avalon Sharon FS, LLC
 
Avalon Shipyard, LLC
 
Avalon Tinton Falls, LLC
 
Avalon Towers Bellevue, LLC
 
Avalon Towers on the Peninsula, L.P.
 
Avalon Union City, L.P.
 
Avalon Upper Falls Limited Partnership
 
Avalon Upper Falls, LLC
 
Avalon Watch, LLC
 
Avalon West Chelsea, LLC
 
Avalon West Long Branch, LLC
 
Avalon WFS, LLC
 
Avalon Willoughby West, LLC
 
Avalon Wilshire, L.P.
 
Avalon Winbrook Redevelopment, LLC
 
Avalon Woodland Hills, L.P.
 
Avalon WP I, LLC
 
Avalon WP II, LLC
 
Avalon WP III, LLC
 
Avalon WP IV, LLC
 
Avalon WP V, LLC
 
Avalon WP VI, LLC
 
AvalonBay Capital Management II, LLC
 
AvalonBay Fund II Subsidiary GP, LLC
 
AvalonBay Redevelopment LLC
 
AvalonBay Trade Zone Village, LLC
 
 
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AvalonBay VAF Acquisition, LLC
 
AvalonBay VAF II Acquisition, LLC
 
AvalonBay Value Added Fund, L.P.
 
AvalonBay Value Added Fund II, L.P.
 
AvalonBay Value Added Fund II Feeder, L.P.
 
AvalonBay Value Added REIT II, L.P.
 
Bay Countrybrook L.P.
 
Bay Pacific Northwest, L.P.
 
Bellevue Financing, LLC
 
Bowery Place I Low-Income Operator, LLC
 
Bowery Place I Manager, LLC
 
Briarwood Borrower, LLLP
 
Cameron Court Financing, LLC
 
Centerpoint Master Tenant LLC
 
Chrystie Venture Partners, LLC
 
Coto De Caza, LLC
 
Crescent Financing, LLC
 
Crest Financing, L.P.
 
CVP I, LLC
 
CVP II, LLC
 
CVP III, LLC
 
Darien Financing, LLC
 
Downtown Manhattan Residential LLC
 
Edgewater Financing, LLC
 
ER Cedar, L.L.C.
 
Freehold Financing, LLC
 
Gables Rothbury Borrower, LLLP
 
Garden City Apartments, LLC
 
Garden City Duplex, LLC
 
Garden City SF, LLC
 
Gardens Financing, LLC
 
Gates Financing, LLC
 
Glen Cove Development LLC
 
Glen Cove II Development LLC
 
Harbor Financing, LLC
 
Hathorne FS Holdings, LLC
 
Hayes Valley, LLC
 
Jones Road Residential, LLC
 
Laurel Hill Private Sewer Treatment Facility, LLC
 
Mission Bay North Financing, L.P.
 
MVP I, LLC
 
North Bergen Residential Urban Renewal, LLC
 
North Bergen Retail Urban Renewal, LLC
 
Norwalk Retail, LLC
 
Oak Road Office, LLC
 
PHVP I, LP
 
PHVP I GP, LLC
 
Pleasant Hill Manager, LLC
 
Pleasant Hill Transit Village Associates LLC
 
Roselle Park Urban Renewal, LLC
 
Roselle Park VP, LLC
 
Run East II Financing, LLC
 
Shady Grove Road Financing, LLC
 
Silicon Valley Financing, LLC
 
Tysons West, LLC
 
Valet Waste Holdings, Inc.
 
Wesmont Station Residential I Urban Renewal, LLC
 
Wesmont Station Residential II Urban Renewal, LLC
 
Wesmont Station Retail I Urban Renewal, LLC
 
 
Page 3

 
 
 
Wesmont Station Retail II Urban Renewal, LLC
 
West Chelsea Transaction, LLC
 
WLBVP, LLC
 
Woburn Financing, LLC

District of Columbia
 
 
4100 Massachusetts Avenue Associates, L.P.

Maryland
 
 
Avalon 4100 Massachusetts Avenue, Inc.
 
Avalon Acton, Inc.
 
Avalon at Chestnut Hill, Inc.
 
Avalon at Great Meadow, Inc.
 
Avalon at St. Clare, Inc.
 
Avalon BFG, Inc.
 
Avalon Blue Hills, Inc.
 
Avalon Chase Glen, Inc.
 
Avalon Chase Grove, Inc.
 
Avalon Cohasset, Inc.
 
Avalon Collateral, Inc.
 
Avalon Commons, Inc.
 
Avalon Decoverly, Inc.
 
Avalon DownREIT V, Inc.
 
Avalon Fairway Hills I Associates
 
Avalon Fairway Hills II Associates
 
Avalon Fairway II, Inc.
 
Avalon Grosvenor LLC
 
Avalon Hingham PM, Inc.
 
Avalon Oaks, Inc.
 
Avalon Oaks West, Inc.
 
Avalon Promenade, Inc.
 
Avalon Rock Spring Associates, LLC
 
Avalon Sharon, Inc.
 
Avalon Symphony Woods, Inc.
 
Avalon Town Green II, Inc.
 
Avalon Upper Falls Limited Dividend Corporation
 
Avalon Village North, Inc.
 
Avalon Village South, Inc.
 
AvalonBay Arna Valley, Inc.
 
AvalonBay Assembly Row TRS, Inc.
 
AvalonBay Capital Management, Inc.
 
AvalonBay Construction Services, Inc.
 
AvalonBay Grosvenor, Inc.
 
AvalonBay NYC Development, Inc.
 
AvalonBay Orchards, Inc.
 
AvalonBay Shrewsbury, Inc.
 
AvalonBay Traville, LLC
 
AvalonBay Value Added Fund, Inc.
 
AVB Development Transactions, Inc.
 
AVB Northborough, Inc.
 
AVB Pleasant Hill TRS, Inc.
 
AVB Service Provider, Inc.
 
AVB West Long Branch, Inc.
 
Bay Asset Group, Inc.
 
Bay Development Partners, Inc.
 
Bay GP, Inc.
 
Bay Waterford, Inc.
 
California Multiple Financing, Inc.
 
 
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Centerpoint Tower LLC
 
Centerpoint Garage LLC
 
Centerpoint Eutaw/Howard Holdings LLC
 
Centerpoint Development II LLC
 
Centerpoint Howard LLC
 
Centerpoint Eutaw LLC
 
Centerpoint Tower/Garage Holdings LLC
 
Georgia Avenue, Inc.
 
JP Construction in Milford, Inc.
 
Juanita Construction, Inc.
 
Lexington Ridge-Avalon, Inc.

Massachusetts
 
 
AvalonBay BFG Limited Partnership
 
Hingham Shipyard East Property Owners Association, Inc.

New Jersey
 
 
Town Cove Jersey City Urban Renewal, Inc.
 
Town Run Associates

Virginia
 
 
Arna Valley View Limited Partnership
 
Avalon Decoverly Associates Limited Partnership
 
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