UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of the earliest event reported): March 616, 2009

AMERICAN LAND LEASE, INC.

(Exact Name of Registrant as specified in its Charter)

Delaware

1-09360

84-1038736

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

29399 US Hwy 19 North, Suite 320

Clearwater, FL 33761

(Address of Principal Executive Offices) (Zip Code)

(727) 726-8868

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report.)

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 (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5 8.0201. ~~Departure~~Other ofEvents ~~Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~

On March 616, 2009, American Land Lease, Inc., a Delaware corporation (“the “Company”), ~~received~~announced ~~notice~~that ~~from~~its ~~Robert~~common G.stockholders ~~Blatz,~~approved the ~~Company’s~~previously ~~President~~announced ~~and~~merger ~~Chief~~of GCP Sunshine Acquisition, Inc., ~~Operating~~an ~~Officer~~affiliate of Green Courte Partners, ~~that~~LLC, hea ~~will~~Chicago-based ~~resign~~private ~~effective~~equity ~~March 16~~investment firm, ~~2009.~~with ~~Randall~~and Kinto the Company. ~~Rowe,~~Each share of the Company’s ~~Chairman~~7.75% ~~and~~Series ~~Chief~~A ~~Executive~~Cumulative ~~Officer~~Redeemable Preferred Stock, ~~will~~par ~~assume~~value $0.01 per share (“Series A Preferred Stock”), issued and outstanding immediately prior to the ~~duties~~effective time of ~~President~~the ~~and~~merger ~~Chief~~will ~~Operating~~remain ~~Officer~~outstanding ~~upon~~as ~~Mr. Blatz’~~a ~~resignation~~share of 7. ~~The~~75% ~~Company~~Series ~~and~~A ~~Mr. Blatz~~Cumulative ~~are~~Redeemable ~~negotiating~~Preferred Stock of the ~~terms~~Company following the consummation of athe ~~consulting~~merger having ~~agreement~~the ~~pursuant~~same topowers, ~~which~~rights Mrand preferences. ~~Blatz~~ ~~would~~A ~~provide~~copy ~~certain~~of ~~transition~~the ~~services~~press torelease announcing the ~~Company~~approval ~~for~~of athe ~~period~~merger ofis upbeing filed as Exhibit 99.1 to ~~six~~this ~~months~~Current ~~following~~Report ~~his~~on ~~resignation~~Form 8-K and is incorporated by reference herein.

The Company intends to file a Form 15 on March 16, 2009 to terminate the registration of its common stock and Series A Preferred Stock under the Securities Exchange Act of 1934, as amended.

Section 9. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d)

Exhibits.



99.1		Press Release dated March 16, 2009

Signature

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.

	~~AMERICAN LAND LEASE, INC.~~	AMERICAN LAND LEASE, INC.
Dated: March 12, 2009	By:	/s/ Shannon E. Smith
Dated: March 16, 2009		By:	/s/ Shannon E. Smith
		~~Shannon E. Smith~~	Shannon E. Smith
		~~Chief Financial Officer~~	Chief Financial Officer

INDEX TO EXHIBITS


Exhibit No.		Description

99.1		Press Release dated March 16, 2009

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