PaperCity Magazine

PaperCity Dallas November 2022

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Page 37 of 115

I n Vipin Nambiar's influential world of hotel and restaurant investments, beautiful design isn't frivolous — it's powerful. So, when the photogenic and storied Rosewood Mansion on Turtle Creek recently came up for sale, Nambiar jumped. In late September, his Dallas-based company, HN Capital Partners, announced it had acquired the iconic hotel and restaurant from New World Hospitality, the Hong Kong investment entity owned by Rosewood Hotels & Resorts. Rosewood converted the historic 1925 property from a former private home Any Other Name Forty-Two-Year-Old Vipin Nambiar recently purchased the historic Rosewood Mansion on Turtle Creek — and he has plans for a beautiful future. By Rebecca Sherman. Portrait Jonathan Zizzo. into a hotel in the early '80s, and will continue to operate the Mansion. "Luxury hotels like this seldom come up for sale, especially in Dallas," Nambiar says. "We've been focused on a portfolio of high-quality, design-driven hotels that have a great sense of personality — It's important in this age of Instagram when people are documenting where they're dining and staying." HN Capital's growing collection of design- centric properties includes the W Dallas - Victory, which is undergoing a $21 million renovation, and the just-opened Hotel Per La in Los Angeles, formerly NoMad LA, located in a glamorous 1920s building with rooms reimagined by French design sensation Jacques Garcia. In February, HN Capital joined with McCourt Partners LLC to purchase a core segment of the Dallas Design District from previous owners Dunhill Partners — almost 40 acres in one of Dallas' hottest neighborhoods. Despite the buzzy high-profile gleam of his portfolio, Nambiar is soft-spoken and reserved; his personal Instagram account is set to private. The 42-year-old founded HN Capital in 2017 after years as managing director at Hunt Investment Group and Hunt Realty, a career that so far has seen him develop and manage more than $3 billion in assets. He operates in a stylish universe, but his approach to design is pragmatic. "Design, A Rose by Vipin Nambiar, photographed in the lobby of The Rosewood Mansion on Turtle Creek (Continued) EXTERIOR AND INTERIOR PHOTOGRAPHY COURTESY ROSEWOOD MANSION ON TURTLE CREEK. 36

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