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.

Neither the buyer nor seller would disclose the final price of the purchase, though Juno Eun, president and CEO of CoreTech Development LLC, said it was discounted after negotiations. The purchase finalized on June 2 over a mere one-day escrow period.

  “Not many companies can buy the whole packet,” Eun said.

  CoreTech Development will take over rental management and has . . .

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