Development Analyst

Mortenson; Minneapolis (MN); On-site; USD 77,000 - 96,000; Full time

Benefits offered by this job

Health insurance

Dental plan

401k with match

Paid time off

Life/AD&D insurance

Mental health resources

Tuition reimbursement

Adoption assistance

Gym membership discount

Job summary

Mortenson Development, Inc. (MDI) is seeking a Development Analyst to perform detailed financial analyses of potential development opportunities, conduct market research, and manage due diligence for new deals.

You will compile internal reporting and information packages for presentation and financing, while supporting the life cycle of the real estate development process. The role involves collaboration across teams, preparation of market inquiries, and presenting findings to stakeholders.

Qualifications

• Bachelor’s degree in real estate, business, finance, or accounting.
• Minimum two years of real estate experience.
• Proficiency with Microsoft Word and Excel.
• Solid understanding of accounting and CRE terminology.
• Strong organizational and multi-tasking skills.
• Excellent verbal and written communication.

Responsibilities

• Prepare financial, leasing, environment, land-use, entitlement analyses, and project reports.
• Coordinate budget preparation/tracking and governmental agency review.
• Conduct cash flow analysis for underwriting scenarios and debt options.
• Create and update financial analyses for new acquisitions and existing assets.
• Explain underwriting assumptions verbally and in writing.
• Perform comprehensive due diligence on new acquisitions from sourcing to closing.
• Prepare financial charts, data graphs, market inquiries, and comparable analyses.
• Create and manage presentation packages for new opportunities.

Skills

Real estate experience

Strong communication

Independent work

Time management

Education

Bachelor's degree in Real Estate, Business, Finance, or Accounting

Tools

Microsoft Word

Microsoft Excel

Job description

Development Analyst

SUMMARY

Mortenson Development Inc, (MDI) is currently seeking a Development Analyst that will be responsible for providing detailed financial analysis of potential new development opportunities and investments, conducting market research and analysis, participating and managing due diligence on new opportunities, compiling internal reporting and information packages for presentation purposes and financing, and generally providing deal-level and general office support and assistance where needed, including throughout the life cycle of the real estate development process.

RESPONSIBILITIES

• Prepare financial, leasing, environment, land-use, entitlement analyses, and project reports
• Coordinate budget preparation/tracking and governmental agency review
• Conduct cash flow analysis for various underwriting scenarios and debt options
• Create and update financial analyses for new acquisitions and existing assets
• Explain underwriting assumptions verbally and in writing
• Perform comprehensive due diligence on new acquisitions from sourcing to closing
• Prepare financial charts, data graphs, market inquiries, and comparable analysis
• Create and manage presentation packages for new opportunities

QUALIFICATIONS

• Bachelor's Degree in Real Estate, Business, Finance, or Accounting preferred
• Minimum two years of business experience in Real Estate
• Proficiency in Microsoft Word and Excel
• Basic understanding of Accounting and commercial real estate terminology, principles, metrics, and valuation techniques
• Strong organizational and multi-tasking skills
• Strong verbal and written communication skills
• Ability to thrive in a high-energy environment
• Resourceful self-starter with strong initiative, able to work independently and long hours when needed

A few benefits offered include:

(for Non-Craft & Non-Union Craft working 25+ hours / week)

• Medical and prescription drug plans that includes no additional cost vision coverage
• Dental plan
• 401k retirement plan with a generous Mortenson match
• Paid time off, holidays, and other paid leaves
• Employer paid Life, AD&D, and disability insurance
• No-Cost mental health tool and conciergewith extensive work-life resources
• Tuition reimbursement
• Adoption Assistance
• Gym Membership Discount Program

The base pay range for this role is $76,800 - $96,000. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL – 5%, Seattle, WA, and Portland, OR – 10%, Washington, D.C. – 12.5%).

Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson’s incentive plan.

#LI-BS1 #Onsite

Please make note:

• Visa sponsorship is not offered for this position.
• Our postings are typically open a minimum of 5 days and an average of 44 days.

ABOUT MORTENSON

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.

Let’s Redefine Possible

ABOUT MORTENSON DEVELOPMENT

Mortenson Development, Inc. (MDI) is the real estate development arm of Mortenson’s business, offering a comprehensive set of expertise to create and facilitate the development of projects while increasing value for customers and investors. MDI partners across the value chain to align facilities solutions, financial opportunities, and business needs.

Equal Employment Opportunity

Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.

Other Items to Note

• Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.
• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time.