Real Estate Rumors: Kelly Kite, Hackman, WeWork

Law360 (June 29, 2020, 7:33 PM EDT) -- Florida developer Kelly Kite is seeking to rezone a Miami property for additional residential construction, the South Florida Business Journal. The site is at 690 N.W. 13th St., a 2.81-acre site in Miami's Overtown neighborhood that's currently zoned for 100 residential units, and Kite is seeking new zoning that would allow for 420 units, according to the report.

Hackman Capital and Square Mile Capital Management are in late-stage talks to acquire New York's Silvercup Studios, where "Mad Men" and other hits have been filmed, from Silvercup, Commercial Observer reported on Monday, citing sources. The deal could be worth roughly $500 million, according to the...

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