Rosewood Hotels to Buy Capella in Georgetown

The Capella Hotel in Georgetown, a 49-room hotel that opened in 2013, will be purchased by Rosewood Hotels & Resorts, a Dallas-based luxury chain, reported the Washington Business Journal. The price was undisclosed. The property, at 1050 31st St. NW, was once the headquarters of the Trial Lawyers Association and is assessed at just over $30 million. The current owners are Castleton Hotel Partners I LLC.

Rosewood owns the Carlyle in Manhattan and the Mansion on Turtle Creek in Dallas and other properties in Mexico, the Caribbean, Europe, the Middle East and Asia, where the company plans to open several hotels over the next few years.