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Conversant Capital
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- 1Pacific Retail and Conversant Capital buy Ventura mall▼Pacific Retail, Conversant Capital form JV to buy Ventura mall
Pacific Retail Capital Partners and Conversant Capital have formed a joint venture to acquire a mall in Ventura, California. The deal signals continued investor interest in repositioning regional shopping centres, with Pacific Retail known for taking over struggling malls and redeveloping them. Details on the purchase price and the partners' plans for the property were not disclosed in the initial reports.