Rob Oselandsbe, an industry-leading hospitality, lifestyle and real estate development company, and Stockbridge Capital Group, LLC, a real estate investment firm, today announced that they have secured $300 million in new funding for the redevelopment of the Sahara Hotel & Casino into the highly anticipated SLS Las Vegas. The news of the funding marks a major milestone for Las Vegas and the north end of the Strip, signaling renewed economic growth for the community and the hospitality and gaming industries. In addition to the funding, sbe named hospitality and gaming industry veteran Rob Oseland as President and Chief Operating Officer of SLS Las Vegas. Oseland was formally with Wynn Resorts. In his new role, he will work in conjunction with Nazarian and sbe to develop and launch SLS Las Vegas. "Rob brings more than two decades of development, gaming and marketing expertise at the highest level to SLS Las Vegas," Nazarian said. "His leadership and talents have made Rob a valued member of the Vegas community, and his contributions to sbe will be instrumental to our success."