Business
LDS Church's $87M apartment buy highlights all-cash real estate strategy
The LDS Church's real estate arm purchased a South Bay apartment complex for $87 million in an all-cash transaction, highlighting the institution's growing role as a major housing developer. The Salt Lake Tribune reported that the church conducts real estate acquisitions without financing, paying cash for properties.
September 25, 2026 at 1:03 AM MT · via The Salt Lake Tribune · 5 sources
LDS Church owns more land in Florida than any other private entity
The Church of Jesus Christ of Latter-day Saints owns more land in Florida than any other private entity, The News-Press reports. The newspaper examined property records to determine the state's largest landholders.
September 24, 2026 at 10:03 AM MT · via The News-Press · 3 sources
BYU research finds AI makes spear phishing scams more successful
New research from Brigham Young University finds that people are significantly more likely to fall for AI-generated phishing scams compared to human-written ones, as artificial intelligence enables more convincing and personalized fraudulent messages. The study, reported by KSL, measured victim response rates to spear phishing attempts — targeted scams that use personal information to appear legitimate.
September 21, 2026 at 3:13 AM MT · via KSL
LDS Church plans massive new Aurora community
The Church of Jesus Christ of Latter-day Saints is planning a large new community development in Aurora, Colorado, continuing its expansion into master-planned real estate. The project is part of the Church's growing real estate portfolio, which includes major developments purchased with cash across multiple states.
September 19, 2026 at 3:15 AM MT · via Axios · 3 sources
Church amasses real estate empire, pays cash for master-planned communities
The Salt Lake Tribune reports the LDS Church is increasingly focusing its vast financial resources on developing large master-planned residential communities, purchasing properties with cash payments. The reporting examines the Church's growing real estate development operations alongside its investment portfolio.
September 17, 2026 at 12:02 PM MT · via The Salt Lake Tribune · 5 sources
Latest from Mormon Land: Church's real estate focus, Jennings interview
The Church of Jesus Christ of Latter-day Saints is increasingly focusing its financial resources on developing large master-planned communities, according to the Salt Lake Tribune's Mormon Land newsletter. The shift comes as the Church's real estate and investment holdings have drawn growing attention.
September 17, 2026 at 6:02 AM MT · via The Salt Lake Tribune · 4 sources
Nu Skin winds down BeautyBio brand after 2023 acquisition
Nu Skin is closing BeautyBio, the beauty brand it acquired in 2023 for $75 million, according to BeautyMatter.
September 11, 2026 at 3:03 PM MT · via BeautyMatter · 2 sources
Utah spent $10M buying back 'Mormon Meteor' race car it once owned for $1
Utah spent $10 million in public money—matched by $10 million in private funds—to buy back the historic "Mormon Meteor" race car that the state once owned for just $1, KUTV reports. The land-speed-record vehicle was sold decades ago and has now been reacquired for $20 million total.
September 9, 2026 at 9:03 PM MT · via KUTV 2 · 3 sources
Appeals court upholds dismissal of second LDS tithing fraud lawsuit
The U.S. Court of Appeals has upheld a lower court's dismissal of a class-action lawsuit alleging the Church of Jesus Christ of Latter-day Saints misrepresented how tithing donations would be used, ABC4 reports.
September 4, 2026 at 11:03 PM MT · via ABC4 Utah · 3 sources
Lawsuit over Church's massive Texas ranch development settled
A lawsuit challenging the LDS Church's plans for a massive ranch development in Texas has been settled, the Houston Chronicle reports. Terms of the settlement were not disclosed.
September 3, 2026 at 2:03 PM MT · via Chron · 2 sources
Intermountain Health unveils plans for new downtown LDS Hospital
Intermountain Health and Salt Lake City Mayor Erin Mendenhall unveiled detailed plans Wednesday for a new LDS Hospital campus to be built at the "Sears Lake" site in downtown Salt Lake City, three to five years from now.
September 3, 2026 at 7:04 AM MT · via The Salt Lake Tribune · 5 sources
Hogan Lovells executive joins LDS Church as chief operating officer
A former chief operating officer of Cadwalader, Wickersham & Taft and Hogan Lovells has been appointed to a senior operational role at The Church of Jesus Christ of Latter-day Saints, according to Law360.
September 3, 2026 at 7:04 AM MT · via Law360 · 5 sources