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Security National Financial Corporation (NASDAQ: SNFCA) Announces Completion of Lending Transaction on Residential Development Loan in Arrowhead Ranch
Globenewswire· 2025-05-19 17:00
Transaction Supports Strategic Focus on Core Operations and Balance Sheet StrengthMURRAY, Utah, May 19, 2025 (GLOBE NEWSWIRE) -- Security National Financial Corporation (NASDAQ: SNFCA), announced the successful conclusion of its lending transaction which facilitated the development of the Arrowhead Ranch residential project located in Payson, Utah. As a result of this transaction Security National realized “profit-split” income of nearly $4,000,000, which was in addition to the over $3,200,000 in interest a ...