<SUBMISSION>
<ACCESSION-NUMBER>0000950144-04-011781
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20041201
<ITEMS>5.02
<ITEMS>9.01
<FILING-DATE>20041206
<DATE-OF-FILING-DATE-CHANGE>20041206
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>LENNAR CORP /NEW/
<CIK>0000920760
<ASSIGNED-SIC>1520
<IRS-NUMBER>954337490
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1130
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-11749
<FILM-NUMBER>041186453
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>700 NW 107TH AVENUE
<STREET2>SUITE 400
<CITY>MIAMI
<STATE>FL
<ZIP>33172
<PHONE>3055594000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>700 NW 107TH AVENUE
<STREET2>SUITE 400
<CITY>MIAMI
<STATE>FL
<ZIP>33172
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>PACIFIC GREYSTONE CORP /DE/
<DATE-CHANGED>19940323
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>g92243e8vk.htm
<DESCRIPTION>LENNAR CORPORATION FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>LENNAR CORPORATION FORM 8-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>














<HR size="4" noshade color="#000000" style="margin-top: -5px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">





<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>


<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>


<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>



<P align="center" style="font-size: 10pt"><B>CURRENT REPORT PURSUANT<BR>
TO SECTION 13 OR 15(d) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934</B>



<P align="center" style="font-size: 10pt">Date of Report (Date of earliest event reported): <B>December&nbsp;1, 2004</B>


<P align="center" style="font-size: 24pt"><B>Lennar Corporation</B>


<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in Its Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="65%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-11749</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>95-4337490</B></TD>
</TR>

<TR style="font-size: 1px">
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or Other<BR>
Jurisdiction of<BR>
Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File Number)<BR>

</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)
</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><B>700 Northwest 107</B><B><SUP>th</SUP> Avenue<BR>
Miami, Florida 33172</B><BR>
(Address of Principal Executive Offices)



<P align="center" style="font-size: 10pt"><B>(305)&nbsp;559-4000</B><BR>
(Registrant&#146;s Telephone Number, Including Area Code)


<P align="justify" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:


<P><TABLE width="100%" border="0" cellpadding="2" cellspacing="0" style="font-size: 10pt; background: #FFFFFF; color: #000000">
<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>
<TR valign="top">
    <TD nowrap><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>
</TABLE>


<P><TABLE width="100%" border="0" cellpadding="2" cellspacing="0" style="font-size: 10pt; background: #FFFFFF; color: #000000">
<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>
<TR valign="top">
    <TD nowrap><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>
</TABLE>


<P><TABLE width="100%" border="0" cellpadding="2" cellspacing="0" style="font-size: 10pt; background: #FFFFFF; color: #000000">
<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>
<TR valign="top">
    <TD nowrap><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</TD>
</TR>
</TABLE>


<P><TABLE width="100%" border="0" cellpadding="2" cellspacing="0" style="font-size: 10pt; background: #FFFFFF; color: #000000">
<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>
<TR valign="top">
    <TD nowrap><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</TD>
</TR>
</TABLE>


<P>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">






<P align="center" style="font-size: 10pt">&nbsp;
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>








<P align="left" style="font-size: 10pt"><B>Item&nbsp;5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers.</B>



<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As anticipated in a press release dated June&nbsp;22, 2004, effective December&nbsp;1, 2004, Robert J.
Strudler has assumed the position of Chairman of the Board of Lennar Corporation (the &#147;Company&#148;)
and has resigned from his position as Chief Operating Officer of the Company.


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Also effective December&nbsp;1, 2004, Jonathan M. Jaffe has assumed Mr.&nbsp;Strudler&#146;s role as Chief
Operating Officer of the Company. In anticipation of assuming the position of Chief Operating
Officer, Mr.&nbsp;Jaffe had previously resigned from the Company&#146;s Board of Directors, effective June
22, 2004. Mr.&nbsp;Jaffe, age 45, has been with the Company since 1983. He has served as Vice
President of the Company since 1994 and had been a member of the Company&#146;s Board of Directors since
1997.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01. Financial Statements and Exhibits.</B>



<P align="left" style="font-size: 10pt">(c) <I>Exhibits</I>.



<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following Exhibit is furnished as part of this Current Report on Form 8-K.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="75%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit No.</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description of Document</B><HR size="1" noshade></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by Lennar Corporation on June&nbsp;22, 2004.</TD>
</TR>

<!-- End Table Body --></TABLE>
</DIV>



<P align="center" style="font-size: 10pt">2
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>


<P align="justify" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>Lennar Corporation</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: December 6, 2004&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Bruce E. Gross
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Bruce E. Gross&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President and<BR>
Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">3
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><B>Exhibit&nbsp;Index</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="65%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit No.</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description of Document</B><HR size="1" noshade></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by Lennar Corporation on June&nbsp;22, 2004.</TD>
</TR>

<!-- End Table Body --></TABLE>
</DIV>



</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>g92243exv99w1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>PRESS RELEASE</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>














<P align="right" style="font-size: 10pt"><B>Exhibit&nbsp;99.1</B>



<P align="left" style="font-size: 10pt; margin-left: 85%">Contact:<BR>
Marshall Ames<BR>
Investor Relations<BR>
Lennar Corporation<BR>
(305)&nbsp;485-2092


<P align="left" style="font-size: 10pt"><U>FOR IMMEDIATE RELEASE</U>



<P align="center" style="font-size: 10pt">LENNAR ELECTS NEW CHAIRMAN AND PROMOTES NEW COO



<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIAMI, June&nbsp;22, 2004 &#151; Lennar Corporation (NYSE: LEN and LEN.B), one of the nation&#146;s largest
homebuilders, announced today that its Board of Directors has elected Robert J. Strudler to serve
as Chairman of the Board, and Jonathan M. Jaffe to assume Mr.&nbsp;Strudler&#146;s role as Chief Operating
Officer, effective December&nbsp;1, 2004, the start of Lennar&#146;s next fiscal year. Mr.&nbsp;Jaffe has resigned
from the Board, effective immediately, in anticipation of his assuming the position of Chief
Operating Officer.


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stuart Miller, President and Chief Executive Officer of Lennar Corporation, said, &#147;I am
personally delighted and gratified to have someone of Bob Strudler&#146;s unique stature and character
to occupy the Chairmanship of Lennar Corporation, filling the seat that was vacated with the
passing of our co-founder, and my father, Leonard Miller, two years ago. Bob has successfully
guided our company as Chief Operating Officer for the past four years, as we have expanded into
multiple new markets, fortified our balance sheet, developed our dual marketing strategy and
created one of the industry&#146;s most extensive management training programs. Additionally, Bob has
been a company leader in expanding our community outreach initiatives and giving back to those in
need. In his role as Chairman of Lennar, Bob will continue to contribute his endless energy,
driving passion, years of experience and expertise as we grow and shape Lennar into an even better
leader in the homebuilding industry.&#148;


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Miller continued, &#147;I am equally pleased to welcome Jon Jaffe to the leadership role of
Chief Operating Officer of Lennar. Jon has been the guiding light and driving force of our
remarkable expansion into California and throughout the West. Jon has built a first class
management team in the Western Region that has expanded our growth both organically and through
acquisition, including leading the January&nbsp;2004 joint acquisition by Lennar and LNR Property
Corporation of The Newhall Land and Farming Company. In addition to his professionalism and
managerial talent, Jon is simply one of the most honorable people I know. His integrity and sense
of decency have always made us proud. Bob and Jon have been working closely together on a
carefully designed succession plan culminating in today&#146;s announcement.&#148;


<P align="center" style="font-size: 10pt">(more)



<P align="center" style="font-size: 10pt">&nbsp;
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>




<P align="left" style="font-size: 10pt">2-2-2



<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Miller concluded, &#147;To further increase the independence of our Board of Directors, Jon has
also chosen to resign his position on the Board. Additionally, with Bob assuming the role of
Chairman and vacating the role of COO, we have further enhanced our corporate governance by making
clear the distinction between leadership of the Board and leadership of the Company.&#148;


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Strudler, age 61, joined Lennar in May&nbsp;2000 when Lennar merged with U.S. Home Corporation,
of which he was the Chairman and Co-Chief Executive Officer. Mr.&nbsp;Strudler has served as Vice
Chairman and as COO since that time, actively guiding Lennar&#146;s homebuilding and financial services
operations into becoming one of the nation&#146;s most admired and most profitable homebuilding
companies.


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Jaffe, age 44, has been with Lennar since 1983. He has been a Vice President since 1994
and has been a Director since 1997. In 1996, after working in multiple roles in Lennar&#146;s Florida
operations, Mr.&nbsp;Jaffe relocated to California to start Lennar&#146;s Western Region operations.


<P align="justify" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the
nation&#146;s leading builders of quality homes for all generations, building affordable, move-up and
retirement homes. Under the Lennar Family of Builders banner, the Company includes the following
brand names: Lennar Homes, U.S. Home, Greystone Homes, Village Builders, Renaissance Homes, Orrin
Thompson Homes, Lundgren Bros., Winncrest Homes, Patriot Homes, NuHome, Barry Andrews Homes,
Concord Homes, Cambridge Homes, Coleman Homes and Rutenberg Homes. The Company&#146;s active adult
communities are primarily marketed under the Heritage and Greenbriar brand names. Lennar&#146;s
Financial Services Division provides mortgage financing, title insurance, closing services and
insurance agency services for both buyers of the Company&#146;s homes and others. Its Strategic
Technologies Division provides high-speed Internet access, cable television and alarm installation
and monitoring services to residents of the Company&#146;s communities and others. Previous press
releases may be obtained at www.lennar.com.


<P align="center" style="font-size: 10pt">###




<P align="center" style="font-size: 10pt">&nbsp;

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SUBMISSION>
