Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

August 14, 1998

Published on August 14, 1998


Exhibit 21

LIST OF SUBSIDIARIES OF THE COMPANY

1. EPT DownREIT, Inc., a Missouri corporation.

2. EPT DownREIT II, Inc., a Missouri corporation.

3. EPT DownREIT North Carolina, Inc., a Missouri corporation.