facebook-pixel

A Utah developer of this luxury community owes $100M in unpaid loans, its lenders say — and they’re taking over

Construction on later phases of Benloch Ranch, being developed by Benloch CPC of Lehi, is “behind schedule, is over-budget and is under-capitalized,” a lawsuit alleges.

(Rick Egan | The Salt Lake Tribune) Benloch Ranch on Thursday, Oct. 9, 2025. Homes in various stages of construction are visible in the ranch's first phase, which is being developed by Benloch Ranch Land Co. A July lawsuit alleges that an unrelated company, Benloch CPC of Lehi, is in default for loans to support development on the land it owns in phases four through six.