A story published here for part of Thursday incorrectly stated that the Oriens Travel & Hotel Management company had acquired interest into Croc’s Casino Resort at Jacó. In reality, the brand management company is finalizing a deal with another building on the beach’s northern side.
This error was the result of incorrect information and incomplete reporting. Oriens’ prospective building is 15 stories and boasts 44 units, according to a Wednesday statement from the company president, Ken Chua.
Chua said in a published statement that Oriens has secured a letter of intent but has not yet completed the sale. He added that the transaction is expected to be finalized within a week to 20 business days. Multiple calls and voice mails placed with the company have not been answered or returned for months.