Gelt Venture Partners bought the 117‑unit Drexler Townhomes in Lehi and plans 35 basement‑to‑bedroom conversions to add rental income.

Local agents say summer's quieter market is giving Salt Lake County buyers leverage, with lower‑priced homes moving fastest and more room to negotiate.

Chenzo LLC wants to replace burned Main Street storefronts with a four‑story, 18,600‑sqft building and has requested $2M from the city's disaster‑relief program ahead of a July 14 vote.