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.

The story builds on recent international reporting that documented the Church's $28 billion global property holdings, now focusing specifically on its U.S. housing development strategy and all-cash purchasing approach.

The Tribune frames the development activity as part of a broader shift in how the Church deploys its financial resources, moving beyond temple construction and meetinghouse maintenance into large-scale commercial real estate.