EXHIBIT 21.1

LIST OF SUBSIDIARIES
OF
MACKENZIE REALTY CAPITAL, INC.

Name of Subsidiary
 
Jurisdiction of Incorporation
 
 
 
MacKenzie NY Real Estate 2 Corp.
 
New York
MacKenzie Realty Operating Partnership, LP
 
Delaware
Madison-PVT Partners LLC
 
California
PVT-Madison Partners LLC
 
California
MacKenzie Satellite Place Corp.
 
Delaware
Hollywood Hillview Owner, LLC
 
Delaware
PT Hillview GP, LLC
 
Delaware
MacKenzie-BAA IG Shoreline LLC
 
California
First & Main, LP
 
California
First & Main, LLC
 
California
Green Valley Medical Center, LP
 
California
Green Valley Medical Center, LLC
 
California
Main Street West, LP
 
California
Main Street West, LLC
 
California
Martin Plaza, LLC
 
California
One Harbor Center, LP
 
California
One Harbor Center, LLC
 
California
Westside Professional Center, LLC
 
California
Woodland Corporate Center Two, LP
 
California
Woodland Corporate Center, LLC
 
California
1300 Main, LP
 
California
1300 Main LLC
 
California
GV Executive Center, LLC
 
California
MRC Aurora, LLC
 
California
220 Campus Lane, LLC
 
California
Campus Lane Residential, LLC
 
California
MRC QRS, INC.
 
Delaware
Innovate Napa, LLC
 
California
MacKenzie Apartment Communities, Inc.
 
California
MREIT Operating Partnership, LP
 
California
MAC Operating Partnership, LP
 
California