EXHIBIT 21.1

DRIVE SHACK INC. SUBSIDIARIES


 
Subsidiary
 
Jurisdiction of Incorporation/Organization
1

IMPAC Commercial Assets Corporation
 
California
2

IMPAC Commercial Capital Corporation
 
California
3

IMPAC Commercial Holdings, Inc.
 
Maryland
4

NCT Holdings LLC
 
Delaware
5

Newcastle CDO V Corp.
 
Delaware
6

Newcastle CDO V Holdings LLC
 
Delaware
7

Newcastle CDO V, Limited
 
Cayman Islands
8

Newcastle CDO VI Corp.
 
Delaware
9

Newcastle CDO VI Holdings LLC
 
Delaware
10

Newcastle CDO VI, Limited
 
Cayman Islands
11

Newcastle CDO VIII 1, Limited
 
Cayman Islands
12

Newcastle CDO VIII 2, Limited
 
Cayman Islands
13

Newcastle CDO VIII Holdings LLC
 
Delaware
14

Newcastle CDO VIII LLC
 
Delaware
15

Newcastle CDO IX 1, Limited
 
Cayman Islands
16

Newcastle CDO IX Holdings LLC
 
Delaware
17

Newcastle CDO IX LLC
 
Delaware
18

Newcastle Mortgage Securities LLC
 
Delaware
19

Newcastle Mortgage Securities Trust 2006-1
 
Delaware
20

Newcastle Mortgage Securities Trust 2007-1
 
Delaware
21

NIC CRA LLC
 
Delaware
22

NIC OTC LLC
 
Delaware
23

NIC SF LLC
 
Delaware
24

NIC Management LLC
 
Delaware
25

NIC SN LLC
 
Delaware
26

Xanadu Asset Holdings LLC
 
Delaware
27

CDO VIII Repack Limited
 
Cayman Islands
28

NCT 2013 – VI Funding Ltd.
 
Cayman Islands
29

NCT 2013-VI Funding Investors LLC
 
Delaware
30

American Golf Group Holdings LLC
 
Delaware
31

Tower A LLC
 
Delaware
32

Tower C LLC
 
Delaware
33

Vineyards Holdings LLC
 
Delaware
34

American Golf Partners LLC
 
Delaware
35

NGP Realty Sub GP, LLC
 
Delaware
36

NGP Realty Sub, L.P.
 
Delaware
37

 AGC Mezzanine Pledge LLC
 
Delaware
38

New AGC LLC
 
Delaware
39

American Golf Corporation
 
Delaware
40

American Golf of Atlanta
 
Georgia
41

CW Golf Partners LP
 
California





 
Subsidiary
 
Jurisdiction of Incorporation/Organization
42

Golf Enterprises Inc.
 
Kansas
43

Persimmon Golf Club LLC
 
Delaware
44

Newcastle 2014-MH1 Property Owner LLC
 
Delaware
45

Drive Shack Holdings LLC
 
Delaware
46

NIC Taberna LLC
 
Delaware
47

AG Los Coyotes LLC
 
California
48

AGC Field Operations LLC
 
Delaware
49

AGC Realty LLC
 
Delaware
50

AG CA Leasing LLC
 
Delaware
51

AG FL Leasing LLC
 
Delaware
52

Drive Shack Orlando LLC
 
Delaware
53

American Golf of Glendale Inc.
 
California