Monday, August 3, 2015

Sales at The Residences at Mandarin Oriental, Atlanta Reach Nearly $40 Million


Karen Rodriguez
ATLANTA, GA (August 3, 2015) – Due to an aggressive push by the sales team and high demand for luxury condos in Atlanta, iStar Inc. (NYSE: STAR), is pleased to announce the sale of 10 units, totaling $22.1 million, this year at The Residences at the Mandarin Oriental, Atlanta.

The skilled team, led by exclusive listing broker Karen Rodriguez, has completed $38.2 million in sales at the property since taking over the project in January 2014.

“The momentum at The Residences is impressive with our year-to-date sales already surpassing sales for the entire year last year,” said John Kubicko, senior vice president for iStar Inc.

“We’re particularly excited about selling the first full-floor residence and building out our second full-floor home, Residence 52. After selling 10 units so far this year, the next phase of finished units should sell rapidly.”

For a complete copy of the company’s news release, please contact:

Hadley Creekmuir
 The Wilbert Group
Tel: 404-343-4080



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