EXHIBIT 21.1

Published on February 22, 2001



LTC PROPERTIES, INC.

EXHIBIT 21.1

LIST OF SUBSIDIARIES




COMPANY STATE OF ORGANIZATION

Education Property Investors, Inc. Nevada
Florida-LTC, Inc. Nevada
Illinois-LTC, Inc. Delaware
Kansas-LTC Corporation Delaware
LTC-Gardner, Inc. Delaware
LTC-Dearfield, Inc. Nevada
LTC-DS, Inc. Delaware
LTC-K1, Inc. Delaware
LTC-K2, Inc. Delaware
LTC-K2, LP, Inc. Delaware
LTC-Fort Valley, Inc. Delaware
LTC GP I, Inc. Delaware
LTC GP II, Inc. Delaware
LTC GP III, Inc. Delaware
LTC GP IV, Inc. Delaware
LTC GP V, Inc. Delaware
LTC-Griffin, Inc. Nevada
LTC-Jessup, Inc. Delaware
LTC-Jonesboro, Inc. Nevada
LTC Partners I, L.P. Delaware
LTC Partners II, L.P. Delaware
LTC Partners III, L.P. Delaware
LTC Partners IV, L.P. Delaware
LTC Partners V, L.P. Delaware
LTC Partners VI, L.P. Delaware
LTC Partners VII, L.P. Delaware
LTC Partners VIII, L.P. Delaware
LTC REMIC Corporation Delaware
LTC REMIC IV Corporation Delaware
LTC-Richmond, Inc. Nevada
LTC-Sumner, Inc. Delaware
LTC-Tampa, Inc. Nevada
LTC-West, Inc. Nevada
L-Tex GP, Inc. Delaware
L-Tex L.P. Corporation Delaware
Missouri River Corporation Delaware
University Park Convalescent Center, Inc. Florida
Virginia-LTC, Inc. Nevada
Western Healthcare, Funding, Inc. Nevada
Texas-LTC Limited Partnership Texas





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