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LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 8:32 am
by FearlessFixxer

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:08 am
by OCDMOM
I hope they hold on to it.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:11 am
by Reluctant Watchman
Gotta have land for all those new temples... :)

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:28 am
by JohnnyL
Makes sense.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:32 am
by iWriteStuff
Hurray for the wealth effect! The church is rich so by extension so am I!

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:36 am
by Gadianton Slayer
iWriteStuff wrote: April 5th, 2022, 9:32 am Hurray for the wealth effect! The church is rich and so by extension so am I!
:) communis… I mean consecration.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 9:49 am
by Artaxerxes
download (2).jpeg
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Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 10:28 am
by JK4Woods
Well… this portfolio drives decisions.
Human nature has a propensity to hold onto acquired assets with a tight grip.

Releasing that grip to go into a different inspired direction will require essentially another experience in the grove.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 10:48 am
by David13
Yes, but when the population starts to decline, what happens to those real estate values.

Can you live in an old church? Not without modification.

I would like to see a comparison with the Catholic church. Traveling around the country, I have seen Catholic churches real estate holdings go down the tubes. Churches abandon or sold off for other purposes.

New churches coming up, ... in industrial buildings.

I believe also the Catholic church has closed many many schools. I have seen many closed down.

I'd like to see a comparison and predictions for the future.
dc

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 10:53 am
by nightlight
JK4Woods wrote: April 5th, 2022, 10:28 am Well… this portfolio drives decisions.
Human nature has a propensity to hold onto acquired assets with a tight grip.

Releasing that grip to go into a different inspired direction will require essentially another experience in the grove.
Helaman13
31 And behold, the time cometh that he curseth your riches, that they become slippery, that ye cannot hold them; and in the days of your poverty ye cannot retain them.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 5:27 pm
by Fred
The church owns the bulk of Florida's heartland. They have thousands of cattle grazing there right now. Land population cross the world is 40 people per square mile. Still, there are thousands of places where there are 40 square miles with no people. The church has created a money machine. There could be Zion right now if it weren't for the free loaders. There can even be a large number of free loaders. Disabled, crippled, blind, etc. But Los Angeles, Baltimore, and Seattle have shown us a lot of people that have no intention of doing anything productive. Possibly ever. So Satan's democracy get's it's socialist way until every last man, woman, and child, knows for 100% certainty, because of the millions slaughtered as a result, that freedom is the only way that works. Not the chaos of anarchy, but each person realizing that they personally have a responsibility to not be a jack-a$$. Then, it's a walk in the park. The bad people killed each other. The ones that are left are not communists. They will know that the only good democrat is a dead one. It won't be about what I can get for free. It will be the personal satisfaction of knowing that the whole benefits when everyone does their part. Money is an evil god. What would God possibly do with all of the cash in the world? Maybe build a fire.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 5:33 pm
by Mamabear
Why was there a 2 year lull between the last article? When I looked at this website a month ago I thought maybe the church silenced the guy.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 5:59 pm
by iWriteStuff
Mamabear wrote: April 5th, 2022, 5:33 pm
Why was there a 2 year lull between the last article? When I looked at this website a month ago I thought maybe the church silenced the guy.
I believe I’ve seen elsewhere that they are changing their business model to publish stuff faster. In short, they took some flack over the target and they are making themselves smaller targets going forward to avoid legal trouble.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 6:04 pm
by Subcomandante
This will pale in comparison to the Millennium when Zion is built.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 6:56 pm
by InfoWarrior82
OCDMOM wrote: April 5th, 2022, 9:08 am I hope they hold on to it.

Oh, they certainly will do anything to hold on to it.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 7:07 pm
by Mamabear
Maybe they’ll sell to China or bill gates.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 5th, 2022, 10:23 pm
by Moroni104
What an interesting map.

It appears that they determine to buy up all the vacant land and/or farm land in a few places, not just the big ranch in Florida.

For example, they have farmland east of Waco Texas, east of Bridgeport NE, west of Champaign, IL, etc.

They also have some vacant land areas, such as north of Jackson County MO, west of Paducah, TX, etc.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 6th, 2022, 9:29 pm
by Elguapo4538
With all that wealth, why couldn't we buy the plot of land for Zion... and build Zion!! It seems that we are concentrated on building wealth rather than doing what it takes to be Gods people

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 6th, 2022, 9:39 pm
by Fred
Subcomandante wrote: April 5th, 2022, 6:04 pm This will pale in comparison to the Millennium when Zion is built.
Do you mean that the cash reserves will be pale in comparison or that the size of Zion itself will automatically be the largest real estate holding? Being 1500 miles cubed, I believe.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 6th, 2022, 9:42 pm
by madvin
Elguapo4538 wrote: April 6th, 2022, 9:29 pm With all that wealth, why couldn't we buy the plot of land for Zion... and build Zion!! It seems that we are concentrated on building wealth rather than doing what it takes to be Gods people
From what I understand, Zion will be all over in small communities dotting the whole of north and south America, with the center being Jackson county.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 6th, 2022, 10:38 pm
by Subcomandante
Fred wrote: April 6th, 2022, 9:39 pm
Subcomandante wrote: April 5th, 2022, 6:04 pm This will pale in comparison to the Millennium when Zion is built.
Do you mean that the cash reserves will be pale in comparison or that the size of Zion itself will automatically be the largest real estate holding? Being 1500 miles cubed, I believe.
The latter. All the holdings that we have NOW, combined between the US and internationally, will be pale in comparison to the size of Zion as described in Revelation.

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 7th, 2022, 5:06 am
by Momma J
Curious ~ I zoomed into the dot where our ward building is located. It is listed as Retail. Is this the standard for each stake building?

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 9th, 2022, 5:39 pm
by Ontario
At least 1.7 million acres worth at least $16 billion.


https://www.sltrib.com/religion/2022/04 ... es-widest/

A (probably not complete) list

https://main.d1r5pe9ovkw8w9.amplifyapp.com/

A map:

https://www.truthandtransparency.org/ne ... -suggests/

For those who cannot access the Trib site, some details

"Found in the church’s portfolio — along with the expected meetinghouses and temples — are office towers, shopping centers, residential skyscrapers, cattle ranches and high-mountain timberlands worth hundreds of millions of dollars.

The faith is now Florida’s biggest landowner, controlling well above 2% of its landmass, including an enormous collection of pasturelands outside resort-rich Orlando called Deseret Ranches and a recently acquired expanse of hundreds of thousands of forested acres in the Panhandle"

"Church companies such as Property Reserve, Suburban Land Reserve and Farmland Reserve are sitting on large tracts of developable land in a host of American suburbs. These holdings are heavy in metro regions throughout the rapidly growing South and West — just as the U.S. economy is primed with high demand for new homebuilding.

Even this partial portfolio would make the church — with nearly 7 million members nationally and more than 16.6 million worldwide — the fifth largest private landowner in the U.S., according to The Land Report, which tracks holdings among some of the nation’s wealthiest families."

"Church holdings top $100 million in assessed valuation in at least 15 major urban centers — based on 2019 tax data — and exceed $25 million in at least 66 cities."

"Frequently clustered around Latter-day Saint temples, the portfolio’s most lucrative commercial holdings feature in the country’s top downtown cores."

"The list contains up to $696 million or more in residential lands, vacant spaces and other swaths in America’s suburbs, much of it poised for development. The database details a total of at least 181,000 acres in empty residential lands and vacant farmlands in larger and rapidly growing metro areas, places such as Tulsa, Okla.; Kansas City, Mo.; Lafayette, Ind.; Albany, Ga.; and Modesto, Calif. (where the church just announced plans to build a temple)."

"The database documents farm holdings worth at least $2.3 billion, with notably huge sections of it in Nebraska, rural Montana, Florida, Texas and Utah. Farms, ranches, pastures, orchards and other agricultural lands under church ownership stretch horizon to horizon, with tens of thousands of contiguous acres in many cases."

"Its holdings include acres assessed for use as island resorts, hotels, airports, golf courses, amusement parks, theaters, vineyards, warehouses, truck stations, funeral homes, health clubs, mines and cemeteries. There are even millions of dollars in thousands of tiny odd-shaped parcels and other bits and pieces known as easements."

"Church authorities have consistently said that their for-profit real estate and other business endeavors pay the required taxes.

The vast majority of church properties in the new database are categorized by county assessors for worship, making them tax-exempt.

Add to that a host of other special-purpose properties, dedicated public spaces, vacant areas and other kinds of low-producing acreage, and nearly $8.5 billion total assessed value in the church land portfolio potentially would qualify for lower local property taxes, not including farmlands."

And then this:

"The Tribune found several high-dollar church properties missing from the database, for instance, including some held under other church companies. And this tally excludes huge church landholdings internationally."

"For all the church’s documented U.S. land wealth, scholarly research shows the denomination owns and manages large reserves of land in Britain — of a size rivaling the royal estate — along with massive acreages in Canada, Mexico, Brazil, Argentina and Australia."

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 9th, 2022, 8:36 pm
by EvanLM
but still haven't purchased the temple site in Jackson County . . the only land that will be important at one point . . .

Jerusalem and Independence is where everyone is going in the end . . . do you get it . . the end . . just a little joke . . c'mon it was kinda funny . . . and true

Re: LDS Church has Most Valuable Private Real Estate Portfolio in the US, Evidence Suggests

Posted: April 10th, 2022, 6:54 am
by EvanLM
Fred wrote: April 5th, 2022, 5:27 pm The church owns the bulk of Florida's heartland. They have thousands of cattle grazing there right now. Land population cross the world is 40 people per square mile. Still, there are thousands of places where there are 40 square miles with no people. The church has created a money machine. There could be Zion right now if it weren't for the free loaders. There can even be a large number of free loaders. Disabled, crippled, blind, etc. But Los Angeles, Baltimore, and Seattle have shown us a lot of people that have no intention of doing anything productive. Possibly ever. So Satan's democracy get's it's socialist way until every last man, woman, and child, knows for 100% certainty, because of the millions slaughtered as a result, that freedom is the only way that works. Not the chaos of anarchy, but each person realizing that they personally have a responsibility to not be a jack-a$$. Then, it's a walk in the park. The bad people killed each other. The ones that are left are not communists. They will know that the only good democrat is a dead one. It won't be about what I can get for free. It will be the personal satisfaction of knowing that the whole benefits when everyone does their part. Money is an evil god. What would God possibly do with all of the cash in the world? Maybe build a fire.
farm ranch was bought in the 70s . . forested land was bought in 2014