Aly-khan S. Merali

Stonebridge Companies — a Denver-based, privately owned, innovative hotel owner, operator and developer — has named Aly-khan S. Merali as its new president and managing partner. Founder Navin C. Dimond will remain CEO and will assume chairman duties for the company.

Merali joins Stonebridge Companies after most recently serving as president and chief financial officer of Turnberry Associates, overseeing the company's Finance, Asset Management, Accounting, Legal, Human Resources and Information Services departments.The real estate veteran of more than 20 years directed all capital activities, investments, joint ventures and divestitures relating to Turnberry's multi-billion dollar portfolio of hospitality, retail and multifamily development projects. During hi s time with Turnberry, transactions in which Merali was involved totaled in excess of $7 billion.

He first joined Turnberry Associates in 2013 as executive vice president, chief investment officer for the national real estate development company.Prior to joining Turnberry, Merali was executive vice president and head of acquisitions for a U.S.-based investment firm with a portfolio of luxury assets spanning North America, Europe and the Caribbean. He's al so held leadership and ownership positions in real estate companies in the United Kingdom, Canada and East Africa with assets in hospitality, industrial, manufacturing, office and senior living.