The landmark Rosewood Mansion on Turtle Creek hotel has a new owner.
The 142-room, nine-story luxury hotel and adjoining restaurant have been purchased by Dallas-based investor HN Capital Partners.
The posh Dallas hotel opened in 1981 and has been one of the area’s top spots for celebrity stays for decades. Since 2011, the iconic property has been owned by a Hong Kong investor. The new owners plan to continue operating the Mansion on Turtle Creek with Rosewood Hotels & Resorts.
“This magnificent estate offered HN Capital a unique opportunity to further invest in the Dallas community, and we’re excited to continue to forge even stronger bonds with local partners as we begin work on enhancing what this iconic hospitality destination has to offer,” Vipin Nambiar, founder of HN Capital Partners, said in a statement. “Our goal is to respect the hotel’s history and work closely with the Rosewood team to further expand the luxury offerings and imagine new services that ensure that the Rosewood Mansion on Turtle Creek remains the most beloved hotel for the Dallas community and travelers alike.
“Our aspiration always remains the same: to use our training as architects, planners, finance and legal professionals with the guiding principle of leaving something better than we found it.