LAS VEGAS - Owners of the Sahara Hotel and Casino, a Rat Pack hangout and the setting of the original “Ocean’s Eleven” film, are selling the aging property to an investor group.

Officials from Los Angeles-based SBE Entertainment Group and San Mateo, Calif.-based Stockbridge Real Estate Funds said they’re buying the Moroccan-themed casino from Gordon Gaming Corp. Terms of the deal were not disclosed.

“The Sahara is one of the last remaining original properties on the Las Vegas Strip, and we are thrilled with the possibilities that it presents,” SBE Entertainment CEO Sam Nazarian said.

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