Development Analyst

Posted today

mortenson constructionMinneapolis (MN)

Financial and Investment Analysts New Multifamily Housing Construction (except For-Sale Builders)

SENIORITY

Senior

SALARY

$76,800 - $96,000 per year

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About the role

Development Analyst 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 ExcelBasic 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:
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 concierge with 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. Visa sponsorship is not offered for this position. Our postings are typically open a minimum of 5 days and an average of 44 days. 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. 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. 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. 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.

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