News Flash – Seventeen large properties change ownership in single transaction

TAMUNING, Guam — A subsidiary of Core Tech International purchased the entire residential and commercial portfolio of Tanota Rentals LLC, the rental leg of the Tanota group of companies, which also includes hotels, shopping centers and raw land.

            The initial listing price of the package of 17 whole properties plus several condo units, was around $90 million, said Juno Eun, president and CEO of CoreTech Development LLC. The final price of the purchase was not disclosed, though Eun said it was discounted after negotiations. The purchase was finalized on June . . .

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