iStar unveils three private homes with four to six car garages starting at $2.8 million

As The Residences at Mandarin Oriental Atlanta approach sellout, iStar Inc. (NYSE: STAR) has released a distinctive new product: The Maisonettes. A set of three villa-style homes starting at $2.8 million offer all the amenities of the luxury hotel brand with comfortable multi-level living and a high-capacity garage. The units also include large front yards and outdoor terraces. Demonstrating the demand for this type of product, one of the Maisonettes sold before the official release.

“We’re thrilled to debut this first-to-market product that combines the world-class service of Mandarin Oriental, Atlanta with sophisticated private home living,” said exclusive listing broker Karen Rodriguez of GROUP KORA & Berkshire Hathaway HomeServices Georgia Properties. “One of the Maisonettes has already sold, and we’re anticipating that the others will move quickly as this is a once-in-a-lifetime opportunity to own a large, single-family home with the amenity-rich lifestyle of Atlanta’s premier luxury hotel.”

Available in three unique layouts, the Maisonettes offer three or four bedrooms, featuring a breathtaking, full-floor master suite with a midnight bar, and coveted outdoor living space including a gorgeously-landscaped front yard and outdoor terraces equipped with gas fireplaces and Viking grills – designed for enjoying the Georgia sunshine while entertaining friends and family. For the auto aficionado, the Maisonettes boast private oversized garages that can accommodate up to six cars, a rarity in urban living. Additionally, these distinguished homes are equipped with a chef’s kitchen, state-of-the-art appliances and a spa-inspired bathroom.

The Maisonettes also enjoy all the privacy and security benefits of The Residences at Mandarin Oriental, Atlanta, including biometric fingerprint access to the home and an in-home elevator, perfect for the most discerning and discreet buyer. To ensure a true lock-and-leave lifestyle, the 24-hour Mandarin Oriental residential concierge staff is on-hand to provide services from home care to room service.

The development team worked with Robert Tretsch of Harrison Design to create breathtaking floorplans for the Maisonettes that are designed to maximize the homes unmatched beauty and create a serene, private dwelling. The beautifully-appointed interiors balance soaring, open spaces and intimate galleries, and a palette of ultra-luxe finishes and fixtures was created for each home.

Rodriguez and the sales team have reached over $60 million in sales at The Residences at Mandarin Oriental, Atlanta since taking over the project in 2014. A few homes remain at the exclusive property, including two Maisonettes. For more information on The Residences at Mandarin Oriental, Atlanta, visit moresidencesatlanta.com.

About iStar, Inc.

iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate. The Company has invested more than $10 billion in residential real estate projects throughout the United States, including interests in over 18,000 condominium units in the nation's top markets and 65,000 acres in master-planned communities having the potential for an estimated 50,000 single family and multifamily units. Additional information on iStar is available on its website at www.istar.com.

About Mandarin Oriental Hotel Group

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences. Having grown from a well-respected Asian hotel company into a global brand, the Group now operates, or has under development, 44 hotels representing almost 11,000 rooms in 24 countries, with 20 hotels in Asia, ten in The Americas and 14 in Europe, Middle East and North Africa. In addition, the Group operates or has under development, 15 Residences at Mandarin Oriental connected to its properties. For more information, please visit mandarinoriental.com.