News flash – Guam group buys hotels and land in Tumon

TAMUNING, Guam - A subsidiary of Core Tech International on June 22 purchased the Bayview Hotel Guam, Oceanview Hotel and Residences, Tumon Crown land and land under Pacific Place shopping center and Tagada Guam Amusement Park from Bayview V LLC, a Tanota Partners LLP company owned by the Ysrael family.

Juno Eun, president and CEO of Coretech Development LLC told the Journal the group would be renovating the Bayview Hotel first with additional parking, exterior and interior work. “Also we will build a swimming pool, waterpark and other features,” he said.

CoreTech Development also purchased 17 large residential and commercial properties . . .

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