This name is a synonym of Diospyros cinnabarina (Gürke) F.White.
The record derives from Tropicos
(data supplied on 2012-04-18)
which reports it as a synonym (record 11500397).
This name record (from Tropicos) was not included in version 1 of The Plant List. It is possible the same name was included from a different data source, to check this you can search for Diospyros subcanescens in version 1 of The Plant List.