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Japan Foreign Investment Los Angeles County

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CALIFORNIA | LOCAL
November 9, 1989 | FRANK CLIFFORD, TIMES URBAN AFFAIRS WRITER
Relying on a controversial interpretation of Proposition 13, a Japanese real estate investment firm that three years ago stunned downtown Los Angeles with its purchase of the Arco Plaza twin skyscrapers is now seeking a $2-million-a-year property tax reduction. Shuwa Investment Corp.
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CALIFORNIA | LOCAL
November 9, 1989 | FRANK CLIFFORD, TIMES URBAN AFFAIRS WRITER
Relying on a controversial interpretation of Proposition 13, a Japanese real estate investment firm that three years ago stunned downtown Los Angeles with its purchase of the Arco Plaza twin skyscrapers is now seeking a $2-million-a-year property tax reduction. Shuwa Investment Corp.
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