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.
WEBER COUNTY, Utah — She was a good Samaritan, stopping to help when she saw a crashed car, but tragically, that decision ended her life.
According to the Utah Highway Patrol, just before 6 a.m. on Friday, a man and woman were traveling along I-84 in Weber Canyon when they saw a crashed car on the side of the road.
They got out to help, but then they saw another car coming with its brakes locked up.
“The two individuals that were standing outside of the vehicle ran to avoid being hit. One went one direction, the other went towards the side of the barrier, jumped over the barrier, thinking it was solid on the other side, and fell in between the two bridge structures below,” said Corporal Eric Prescott with Utah Highway Patrol.
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Woman dies after falling over I-84 barrier while assisting accident in Weber Canyon
Woman dies after falling over I-84 barrier while assisting accident in Weber Canyon
Prescott said they were from out of town and didn’t know the area very well, and unfortunately, he’s seen this happen before.
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“About 15 years ago. I had another crash that occurred. Had 29 cars that were involved in a similar situation,” he said. “he stepped out to help, and he slipped on the barrier and fell.”
FOX 13 News asked if something could be fixed.
“We love that people want to help, but you also need to consider your safety also. So, it’s a pitch-black situation, you need to be cognizant and aware of like, hey, is this risk worth it of a vehicle that’s in the dark around the corner, no one’s going to be able to see you, and so you just have to weigh that risk,” Prescott said.
No other injuries were reported.
Prescott said they also have trauma resources available for the other drivers on the scene.
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“They didn’t do anything wrong, they were involved in a crash, the bridge was icy. Didn’t contribute anything to the death of this individual, but there’s still going to be those feelings that are going to be involved in it,” Prescott said. “We were able to give some information, these resources, to kind of help give them some closure, to help them to know that, hey, this wasn’t your fault.”
FOX 13 News visited gas stations and rest stops around the area, and while no one wanted to be on camera, each person said even after hearing the story, they would still want to get out and help someone in their time of need.
UHP stated that it takes them 24 hours to notify the next of kin, but they’re hoping to release the identification and other information about the investigation in the coming days.
Jackson has been writing about sports for the Deseret News since 2023.
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No. 9 BYU (14-1, 2-0) vs. Utah (8-7, 0-2)
Tip: Saturday, 8 p.m. MST
Venue: Huntsman Center, Salt Lake City
TV: ESPN
Streaming: espn.com/live
BYU radio broadcast: 102.7 FM/1160 AM/Sirius XM 143
Utah radio broadcast: 92.1 FM/700 AM
Series: Utahleads, 79-72 since 1949 (most recent meeting: 2025)
The trends
For BYU: 14-1 on the season, No. 10 in KenPom, averaging 88.2 points scored and 66.7 points allowed per game
For Utah: 8-7 on the season, No. 131 in KenPom, averaging 80.3 points scored and 80.1 points allowed per game
Players to watch
For BYU: Forward AJ Dybantsa, guard Richie Saunders, guard Robert Wright III
For Utah: Guard Terrance Brown, guard Don McHenry, forward Keanu Dawes
Utah forward Keanu Dawes (8) dunks the ball during a game against the Arizona Wildcats held at the Huntsman Center in Salt Lake City on Saturday, Jan. 3, 2026. | Isaac Hale, Deseret News
SOUTH OGDEN, Utah (ABC4) — There is a heavy police presence in the area of Harrison Blvd in South Ogden. ABC4 is working to learn more.
While police have not confirmed any information, ABC4 has acquired footage from a bystander that shows law enforcement detaining one individual. The individual can be seen handcuffed and without a shirt.
Courtesy: David Blanton
Several residents have also reported seeing over a dozen police vehicles heading to the area and reported hearing gunshots on social media.
Courtesy: Kade Garner // KTVX
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Multiple law enforcement agencies responded to the scene, including Davis County SWAT, Weber County Sheriff’s Department, and Morgan County Sheriff’s Department. Officers from Riverton Police Department, Roy Police Department, Clinton Police Department, and Layton police Department all responded to the scene.
Law enforcement also used several drones and several armored vehicles responded to the scene. Additionally, it appears at least one person was transported from the scene by ambulance
Courtesy: Randy Ferrin
At this time, law enforcement has not confirmed any details regarding this incident. However, they appeared to have cleared from the scene.
This is a developing story. ABC4 will update this post as more information becomes available.
