Victory Park’s W Hotel sells to Dallas investors who plan $21 million makeover

Two Dallas investors have teamed up to buy a high-profile luxury hotel in downtown Dallas.

HN Capital Partners and Dunhill Partners have acquired the W Dallas Victory Hotel. The 252-room luxury hotel opened in 2006 as one of the anchors of the Victory Park mixed-use development on downtown’s northwest edge.

The 12-floor hotel has restaurant space, a spa and fitness center and event space at the top of the building.

“We are excited to have the opportunity to own and reenergize the W Hotel as part of the Dallas hospitality landscape,” Vipin Nambiar, founder and managing partner of HN Capital, said in an email. “As a firm, HN Capital believes in the long term demographic trends of Dallas and the densification of its urban core. This asset fits well in that theme, and our goal is to have it elevate the pedestrian experience in Victory.”

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