EXHIBIT 21.1

NEWCASTLE INVESTMENT CORP. SUBSIDIARIES


 
Subsidiary
 
Jurisdiction of Incorporation/Organization
1
Fortress Asset Trust
 
Delaware
2
IMPAC CMB Trust 1998-C1
 
Delaware
3

IMPAC Commercial Assets Corporation
 
California
4

IMPAC Commercial Capital Corporation
 
California
5

IMPAC Commercial Holdings, Inc.
 
Maryland
6

LIV Holdings LLC
 
Delaware
7

NCT Holdings LLC
 
Delaware
8

Newcastle 2005-1 Asset Backed Note LLC
 
Delaware
9

Newcastle 2006-1 Asset Backed Note LLC
 
Delaware
10

Newcastle 2006-1 Depositor LLC
 
Delaware
11

Newcastle CDO V Corp.
 
Delaware
12

Newcastle CDO V Holdings LLC
 
Delaware
13

Newcastle CDO V, Ltd.
 
Cayman Islands
14

Newcastle CDO VI Corp.
 
Delaware
15

Newcastle CDO VI Holdings LLC
 
Delaware
16

Newcastle CDO VI, Ltd.
 
Cayman Islands
17

Newcastle CDO VII Holdings LLC
 
Delaware
18

Newcastle CDO VII Corp.
 
Delaware
19

Newcastle CDO VII Limited
 
Cayman Islands
20

Newcastle CDO VIII 1, Limited
 
Cayman Islands
21

Newcastle CDO VIII 2, Limited
 
Cayman Islands
22

Newcastle CDO VIII Holdings LLC
 
Delaware
23

Newcastle CDO VIII LLC
 
Delaware
24

Newcastle CDO IX 1, Limited
 
Cayman Islands
25

Newcastle CDO IX Holdings LLC
 
Delaware
26

Newcastle CDO IX LLC
 
Delaware
27

Newcastle MH I LLC
 
Delaware
28

Newcastle Mortgage Securities LLC
 
Delaware
29

Newcastle Mortgage Securities Trust 2004-1
 
Delaware
30

Newcastle Mortgage Securities Trust 2006-1
 
Delaware
31

Newcastle Mortgage Securities Trust 2007-1
 
Delaware
32

Newcastle Trust 1
 
Delaware
33

NIC Airport Corporate Center LLC
 
Delaware
34

NIC Apple Valley I LLC
 
Delaware
35

NIC Apple Valley II LLC
 
Delaware
36

NIC Apple Valley III LLC
 
Delaware
37

NIC CRA LLC
 
Delaware
38

NIC Dayton Towne Center LLC
 
Delaware
39

NIC DB LLC
 
Delaware
40

NIC DP LLC
 
Delaware
41

NIC OTC LLC
 
Delaware





42

NIC TP LLC
 
Delaware
43

NIC WL II LLC
 
Delaware
44

NIC WL LLC
 
Delaware
45

NIC SF LLC
 
Delaware
46

NIC Management LLC
 
Delaware
47

NIC SN LLC
 
Delaware
48

Xanadu Asset Holdings LLC
 
Delaware
49

SP I Term Facility LLC
 
Delaware
50

Dayton Asset Holding LLC
 
Delaware
51

NCT Holdings II LLC
 
Delaware
52

Newcastle Investment Trust 2010-MH1
 
Delaware
53

Newcastle Investment Trust 2011-MH1
 
Delaware
54

SSL Term Loan LLC
 
Delaware
55

NIC GH I LLC
 
Delaware
56

NIC GH II LLC
 
Delaware
57

NIC GH III LLC
 
Delaware
58

NIC GH IV LLC
 
Delaware
59

NIC GH V LLC
 
Delaware
60

NIC GH VI LLC
 
Delaware
61

NIC GH VII LLC
 
Delaware
62

NIC GH VIII LLC
 
Delaware
63

NIC GH IX LLC
 
Delaware
64

NIC GH X LLC
 
Delaware
65

NIC GH XI LLC
 
Delaware
66

NIC GH Equity LLC
 
Delaware
67

NIC GH XII LLC
 
Delaware
68

NIC GH XIII LLC
 
Delaware
69

NIC GH XIV LLC
 
Delaware
70

NIC GH XV LLC
 
Delaware
71

NIC GH XVI LLC
 
Delaware
72

NIC GH XVII LLC
 
Delaware
73

NIC GH XVIII LLC
 
Delaware
74

NIC GH XIX LLC
 
Delaware
75

NIC GH XXI LLC
 
Delaware
76

NIC GH XXII LLC
 
Delaware
77

NIC GH XXIII LLC
 
Delaware
78

NIC GH XXIV LLC
 
Delaware
79

CDO VIII Repack Limited
 
Delaware
80

NIC GH XX LLC
 
Delaware
81

NCT 2013 – VI Funding Ltd.
 
Cayman Islands
82

American Golf Leasing LLC
 
Delaware
83

NCT 2013-VI Funding Investors LLC
 
Delaware
84

Castle Sports & Entertainment Group, Inc.
 
Delaware
85

American Golf Group Holdings LLC
 
Delaware
86

Castle Sports & Entertainment Partners LLC
 
Delaware
87

Tower A LLC
 
Delaware





88

Tower A1 Holdings LLC
 
Delaware
89

Tower A2 Holdings LLC
 
Delaware
90

Tower B Holdings LLC
 
Delaware
91

Tower C Holdings LLC
 
Delaware
92

Tower B LLC
 
Delaware
93

Tower C LLC
 
Delaware
94

Vineyards Holdings LLC
 
Delaware
95

American Golf Partners LLC
 
Delaware
96

NGP Mezzanine, LLC
 
Delaware
97

NGP Realty Sub GP, LLC
 
Delaware
98

NGP Realty Sub, L.P.
 
Delaware
99

 AGC Mezzanine Pledge LLC
 
Delaware
100

New AGC LLC
 
Delaware
101

American Golf Corporation
 
Delaware
102

American Golf of Atlanta
 
Georgia
103

CW Golf Partners LP
 
California
104

Golf Enterprises Inc.
 
Kansas
105

Persimmon Golf Club LLC
 
Delaware
106

Newcastle MH Depositor LLC
 
Delaware
107

Newcastle 2014-MH1 Property Owner LLC
 
Delaware