Senior Real Estate Development Analyst

Mortenson; Minneapolis (MN); On-site; USD 90,000 - 121,000; Full time

Benefits offered by this job

Medical plans and prescription drug

401k retirement plan with generousmort

Paid time off and holidays

Life/AD&D/ disability insurance

No-Cost mental health resources

Adoption assistance

Job summary

Mortenson Development, Inc. in Minneapolis seeks a Senior Development Analyst to partner with regional offices on new development and acquisition opportunities across asset classes from inception to exit or operations.

The role emphasizes complex financial modeling, underwriting, and due diligence, with a focus on debt and equity financing and capital raising. The base pay range is disclosed, with incentive plan eligibility and growth opportunities in a dynamic corporate setting.

Qualifications

• Bachelor’s degree in real estate, finance or related field.
• Minimum two years’ progressive work experience in commercial real estate.
• Experience in the structuring and documentation of transactions.
• Experience with transactions, underwriting and due diligence.
• Advanced analytical skills, including the demonstrated ability to perform financial modeling.
• Strong underwriting ability, including deep understanding of property valuation utilizing discounted cash flow methodology, submarket fundamental forecasting and comparable analysis.
• Sound credit background in commercial real estate and capital markets.
• Successful experience in developing and cultivating long-term, mutually beneficial relationships.
• Strong people skills with high integrity and a team attitude.
• Strong verbal, written and interpersonal communication skills.
• Self-starter with ability to multi-task and manage change effectively.
• Open to change based on diverse input and feedback.
• Effectively work with those of diverse backgrounds and organizational levels.
• Adaptive, effective communication and active listening skills.
• Strong cross-cultural relationship building and influencing at all organizational levels.

Responsibilities

• Provide underwriting and evaluation support across multiple property types, including medical office, multifamily, hotel, industrial, mission critical, land and alternative asset classes
• Prepare information memoranda and associated materials for distribution to potential investors and lenders
• Support overall due diligence process, including legal and asset management, from pre-development/site selection through completion/disposition
• Develop and implement financial models to support credit analysis
• Conduct analytical work that supports the financing strategies of development opportunities
• Supports the MDI team in identifying areas where processes and procedures can be applied to improve communication and efficiency

Skills

Financial modeling

Analytical skills

Underwriting

Credit analysis

Communication skills

Team collaboration

Education

Bachelor’s Degree in Real Estate or Finance

Job description

Mortenson Development, Inc. in Minneapolis seeks a Senior Development Analyst to partner with regional offices on new development and acquisition opportunities across asset classes from inception to exit or operations.

The role emphasizes complex financial modeling, underwriting, and due diligence, with a focus on debt and equity financing and capital raising. The base pay range is disclosed, with incentive plan eligibility and growth opportunities in a dynamic corporate setting.