Rockworth Cos. is developing the property near Salt Lake City.
PGIM recently provided a a $75 million fixed-rate loan refinancing a Miami-area property owned by AEW Capital Management and ZOM Living. Image courtesy of PGIM Real Estate
Rockworth Cos., a Holladay, Utah-based real estate investment company, has secured an $18.5 million mezzanine loan from PGIM Real Estate for a mixed-use property in Layton, Utah, which will have 252 multifamily units.
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Located 24 miles north of downtown Salt Lake City, the 6.3-acre site will include a newly constructed apartment complex and two commercial buildings with more than 30,000 square feet of retail and office space. The commercial buildings will have a total of 15,130 square feet of retail on the ground floor and a total of 15,000 square feet on the second floors.
Layton Apartments will be located adjacent to the new Intermountain Layton Hospital, off of Interstate 15, according to Rockworth’s website. The developer notes that the project will also offer excellent proximity to Hill Air Force Base in Ogden, Utah, as well as to downtown Salt Lake City. Designed by AE Urbia Architects and Engineers of South Jordan, Utah, the residential portion of the project will have Class A amenities including a clubhouse with a game room, fitness center, pickleball courts, fire pits and community gathering areas.
In July 2021, Rockworth received a $29 million construction loan from PCCP to develop a 108-unit multifamily project in Salt Lake City called TwentyOnes. Situated on a 2.5-acre site, that project included 20,500 square feet of ground floor retail space. About a year later, Rockworth sold North Union, a 223-unit multifamily property in the Salt Lake City suburb of Midvale, Utah, to Keller Investments.
PGIM lending strategy
PGIM Real Estate, the $210 billion real estate investment and financing business of PGIM, did not provide details about the Layton loan in its statement on the financing. However, Daniel Kattan, executive director at PGIM Real Estate, who led the financing on the firm’s behalf, said in prepared remarks, that the firm continues to see significant upside in providing mezzanine loans and preferred equity investments. Noting that the lending strategy provides the opportunity to invest at relatively moderate leverage levels and based upon current property valuations, Kattan said that in today’s market, the lending strategy can provide a reliable and stable option for developers like Rockworth, who require innovation solutions to maintain and expand their diverse portfolio.
A Utah mother allegedly kidnapped her autistic son’s bully and kept him at her home until he apologized — then threatened to have her husband beat him up.
Shannon Tufuga, 40, was slapped with kidnapping charges Monday after she rolled up on her son’s 11-year-old bully while he was riding his bike around his neighborhood in early September, according to charging documents obtained by KSL.com.
Tufuga was “driving around looking” specifically for the boy, whom she confronted and corralled into her car without his parents’ knowledge, the documents alleged.
Shannon Tufuga allegedly kidnapped her son’s bully and kept him at her home until he apologized — then threatened to have her husband beat him up. Facebook
She allegedly hightailed it back to her home in Provo, Utah, and kept the boy there until he apologized to her son.
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The boy readily apologized, but even then, the vengeful mom wouldn’t let up, according to the police report. She “threatened to have her husband beat up” the accused bully and sneered that he “was lucky she did not run over his bike,” the documents alleged.
Tufuga eventually drove the shell-shocked boy back to his home.
The alleged kidnapping caused the boy “serious emotional distress” over the following months, and he now suffers from “high anxiety and has had to alter his daily routines significantly,” according to the charging documents.
Tufuga was “driving around looking” specifically for the boy, whom she confronted and corralled into her car without his parents’ knowledge, the documents alleged. Facebook
Tufuga was charged with child kidnapping and aggravated child abuse on Monday, both as second-degree felonies. The charges were lowered from first-degree felonies after the Utah County Attorney’s Office determined that a “reduction would be in the interests of justice.”
Tufuga’s son is on the autism spectrum, according to a post on her Facebook.
The Utah Jazz are set to face off against the Toronto Raptors to kick off their new week for their second of two meetings across this season, where the Jazz in particular have ruled out a total of seven names on their injury report.
Here’s what the injury landscape looks like for the Jazz and Raptors rolling into the night:
Utah Jazz Injury Report
OUT – Isaiah Collier (hamstring)
OUT – Keyonte George (hamstring)
OUT – Jaren Jackson Jr. (knee)
OUT – Walker Kessler (shoulder)
OUT – Lauri Markkanen (hip)
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OUT – Jusuf Nurkic (nose)
OUT – Blake Hinson (two-way)
QUESTIONABLE – Cody Williams (shoulder)
It’s much of the same from what the Jazz have been dealing with across the past couple of weeks.
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Keyonte George and Lauri Markkanen still remain out with their minor injuries that they’ve suffered past the All-Star break, and Walker Kessler, Jaren Jackson Jr., and Jusuf Nurkic remain out for the year with their respective season-ending injuries.
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However, the two names that stick out on this injury report against the Raptors in particular are their two first round picks from the 2024 NBA Draft; Isaiah Collier who’s out with a hamstring injury, while Cody Williams is the latest to be among those listed with a shoulder issue.
For Collier, it’s set to be a third-straight game that he’s been out due to what’s been labeled hamstring soreness, and thus leave the Jazz without both their starting and second-string point guard for the night.
That could lead to either two-way signee Elijah Harkless getting a starting nod for a second straight game following his elevation against the Philadelphia 76ers, or that spot could go to 10-day signing Kennedy Chandler, who played 35 minutes in that same game for a career-high 19 points in his team debut.
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Mar 21, 2026; Salt Lake City, Utah, USA; Utah Jazz guard Kennedy Chandler (0) warms up before the game against the Philadelphia 76ers at Delta Center. Mandatory Credit: Rob Gray-Imagn Images | Rob Gray-Imagn Images
As for Williams, he’s been downgraded to questionable for the action due to shoulder soreness; something that could leave him still able to go before tip-off, but remains to be seen based on how he feels before gametime.
The second-year forward has been on a hot streak as of late. In his past five games, he’s averaged an impressive 19.6 points, 4.4 rebounds, and 4.0 assists, shooting 50.0% from the field throughout.
If Williams is out of the mix, it’ll leave their frontcourt a bit more shorthanded from what they’ve been used to across the past couple of weeks, and might lead to even more minutes for guys like 10-day signee Bez Mbeng and two-way big man Oscar Tshiebwe to fill those minutes.
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Toronto Raptors Injury Report
OUT – Immanuel Quickley (foot)
OUT – Jakob Poeltl (rest)
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QUESTIONABLE – Collin Murray-Boyles (illness)
When it comes to the Raptors, they’ll be without a couple of guys on their roster, Immanuel Quickley who’s slated to miss out due to a foot injury, while Jakob Poeltl won’t be playing for Toronto’s second leg of a back-to-back following their previous battle against the Denver Nuggets on Sunday.
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Collin Murray-Boyles, on the other hand, has been upgraded to questionable against the Jazz with an illness after previously being out against the Nuggets over the weekend.
Tip-off between the Jazz and Raptors lands at 9 p.m. MT in the Delta Center, where Toronto will have their chance at a 2-0 series sweep over Utah depending on the results.
