Exhibit 21

Subsidiaries of American Realty Capital Properties, Inc.

Name	Jurisdiction of Formation./Incorporation
ARC Properties Operating Partnership, L.P.	Delaware
ARCP TRS Corp.	Delaware
ARC Income Properties, LLC	Delaware
ARC Income Properties III, LLC	Delaware
American Realty Capital Partners, LLC	Delaware
CRE JV Mixed Five CT Branch Holdings LLC	Delaware
CRE JV Mixed Five DE Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five NH Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five PA Branch Holdings LLC	Delaware
CRE JV Mixed Five VT Branch Holdings LLC	Delaware
CRE JV Mixed Five CT Branch Holdings LLC	Delaware
CRE JV Mixed Five CT Branch Holdings LLC	Delaware
CRE JV Mixed Five DE Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five IL 5 Branch Holdings LLC	Delaware

CRE JV Mixed Five IL 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five MI 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five NH Branch Holdings LLC	Delaware
CRE JV Mixed Five NH Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five NY 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 1 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 2 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 3 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 4 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 5 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 6 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five OH 7 Branch Holdings LLC	Delaware
CRE JV Mixed Five PA Branch Holdings LLC	Delaware

CRE JV Mixed Five PA Branch Holdings LLC	Delaware
CRE JV Mixed Five PA Branch Holdings LLC	Delaware
CRE JV Mixed Five PA Branch Holdings LLC	Delaware
CRE JV Mixed Five VT Branch Holdings LLC	Delaware
CRE JV Mixed Five VT Branch Holdings LLC	Delaware
CRE JV Mixed Five VT Branch Holdings LLC	Delaware
ARC HDCOLSC001, LLC	Delaware
ARCP DGBLVAR001, LLC	Delaware
ARCP DGCRLAR001, LLC	Delaware
ARCP DGGRFAR001, LLC	Delaware
ARCP DGJNBIL001, LLC	Delaware
ARCP DGAPCMO001, LLC	Delaware
ARCP DGASGMO001, LLC	Delaware
ARCP DGASDMO001, LLC	Delaware
ARCP DGBRNMO001, LLC	Delaware
ARCP DGBLFMO001, LLC	Delaware
ARCP DGCVLMO001, LLC	Delaware
ARCP DGCTNMO001, LLC	Delaware
ARCP DGDMDMO001, LLC	Delaware
ARCP DGESNMO001, LLC	Delaware
ARCP DGHLVMO001, LLC	Delaware
ARCP DGLSNMO001, LLC	Delaware
ARCP DGLBNMO001, LLC	Delaware
ARCP DGPMRMO001, LLC	Delaware
ARCP DGQLNMO001, LLC	Delaware
ARCP DGSTLMO001, LLC	Delaware
ARCP DGSFDMO001, LLC	Delaware
ARCP DGCMROK001, LLC	Delaware
ARCP AACROMI001, LLC	Delaware
ARCP AACLTMI001, LLC	Delaware
ARCP AAFNTMI001, LLC	Delaware
ARCP AALVNMI001, LLC	Delaware
ARCP AASSMMI001, LLC	Delaware
ARCP AAYLNMI001, LLC	Delaware
ARCP WGMRBSC001, LLC	Delaware
ARCP GSFRENY001, LLC	Delaware
ARCP WGEPTMI001, LLC	Delaware
ARCP JDDPTIA01, LLC	Delaware
ARC FECCTOH001, LLC	Delaware
ARC FEEVLIN001, LLC	Delaware
ARC FEKKEIL001, LLC	Delaware
ARC FELNDKY002, LLC	Delaware
ARC  FEMTVIL001, LLC	Delaware
ARC FEMTPPA001, LLC	Delaware
ARCP GSPLTNY01, LLC	Delaware
ARC GSMOBAL001, LLC	Delaware

ARCP TSRGCTX01, LLC	Delaware
ARCP GSWARPA01, LLC	Delaware
ARCP DGAFTAR01, LLC	Delaware
ARCP DGFPNAR01, LLC	Delaware
ARCP DGPCYFL01., LLC	Delaware
ARCP DGCNYKS01, LLC	Delaware
ARCP DGCVRMO01, LLC	Delaware
ARCP DGCCDMO01, LLC	Delaware
ARCP DGGFDMO01, LLC	Delaware
ARCP DGHVLMO01, LLC	Delaware
ARCP DGOGVMO01, LLC	Delaware
ARCP DGPMRMO01, LLC	Delaware
ARCP DGSNTMO01, LLC	Delaware
ARCP DGSNCMO01, LLC	Delaware
ARCP DGSJSMO01, LLC	Delaware
ARCP DGWSGMO01, LLC	Delaware
ARCP DGWNAMO01, LLC	Delaware
ARCP DGNWTOK01, LLC	Delaware
ARC GSGLOVA001, LLC	Delaware
ARCP MBDLSTX01, LLC	Delaware
ARC RBCSRNJ001, LLC	Delaware
ARC CVAPAGA001, LLC	Delaware
ARC CVVDAGA001, LLC	Delaware
ARC CVNVLTN001, LLC	Delaware
ARC IMCLBOH001, LLC	Delaware
ARC FDBKNIN001, LLC	Delaware
ARC AAATNTX001, LLC	Delaware

ARC FDLNXGA001, LLC             Delaware

ARC FECCOCA001, LLC             Delaware

ARC FMWSWNC001, LLC             Delaware

ARC WGWRNMI001, LLC             Delaware

ARC FDDRTMI002, LLC                 Delaware

ARC AABDNKY001, LLC             Delaware

ARC AABNBKY001, LLC             Delaware

ARC AAHNBKY001, LLC             Delaware

ARC AALFDKY001, LLC             Delaware

ARC WGTRYMI001, LLC             Delaware

ARC AADTNAL001, LLC             Delaware

ARC AAEPSAL001, LLC                 Delaware

ARC AAABYGA001, LLC             Delaware

ARC AACROGA001, LLC             Delaware

ARC AAHZHGA001, LLC             Delaware

ARC AAHVLGA001, LLC             Delaware

ARC AAPRYGA001, LLC             Delaware

ARC AATVLGA001, LLC             Delaware

ARC SBTPAFL001, LLC                 Delaware    

ARC AASPDOH001, LLC             Delaware

ARC WGCGOIL001, LLC             Delaware

ARC FDCMONM001, LLC             Delaware

ARC FMBSRLA001, LLC             Delaware

ARC WGCGOIL002, LLC             Delaware

ARC PFCNLGA001, LLC                 Delaware