The property, located at 4455 Paradise Road, will continue full service operations under the Hard Rock flag until it opens as a Virgin Hotels hotel. The Virgin Hotels Las Vegas will be a destination for locals and guests alike, offering premier food, beverage and entertainment experiences. Virgin Hotels is a lifestyle hotel brand by Virgin Group founder Sir Richard Branson. The partnership plans to open a revitalized property, the Virgin Hotels Las Vegas, in late 2019. Fengate is pleased to announce that it has partnered with the Laborers’ International Union of North America’s (LiUNA) Central and Eastern Canada Pension Fund, Virgin Hotels, Juniper Capital Partners and other investors including Dream and Cowie Capital Partners, to acquire the Hard Rock Hotel & Casino in Las Vegas from a Brookfield-managed private real estate fund.
