Riley will be involved in acquisitions, strategic initiatives, master planning, development, and transactions involving commercial properties, multi-family properties, resort properties, office complexes, ranches and raw land, according to a company statement. He will continue to advise Horning on Telluride Ski & Golf, but will primarily be pursing new projects across North America and Hawaii, the statement said.

“I’m very excited about the opportunity to seek out new acquisition and development projects for Newport Federal Financial,” said Riley. “This is a good time to be in the market for acquisitions.”

“Dave Riley did some great things at the resort and we wish him the best in his new endeavor,” marketing VP Matt Skinner told SAM.