Security National Life Announces New Leases for Center 53 building in Murray, Utah

SALT LAKE CITY, March 19, 2018 (GLOBE NEWSWIRE) -- Security National Life Insurance Company, a wholly owned subsidiary of Security National Financial Corporation (NASDAQ:SNFCA), is pleased to announce the signing of leases totaling approximately 37,000 square feet in its Center 53 development located in Murray, Utah.  Social Finance, Inc. (SoFi Lending Corp.) and A Step Forward LLC executed leases in the past few weeks.

The Company is delighted to provide offices for these companies.  Originally offering personal loans and student loans, SoFi has leveraged its knowledge in the peer-to-peer lending and wealth management network to become a leader in these sectors.   A Step Forward LLC, a Salt Lake based hospice company, will be utilizing this new location for its back-office administration and corporate management.

Jason Overbaugh, Vice President and Board of Directors member stated, “We are gratified at the activity of quality tenants moving into these new Class-A office spaces.  Ensuring the quality of tenants has been a major priority for management. In addition to these exceptional companies, we are actively working with additional quality prospective tenants to lease the remainder of the space in the building.”

This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Security National Financial Corporation and its business.  The predictions in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

For Further Information Contact: Brian Nelsen
or Garrett S. Sill

Security National Financial Corporation
P.O. Box 57250
Salt Lake City, Utah 84157

(Telephone) (801) 264-1060
(Fax) (801) 265-9882