Development Analyst

Summary

Mortenson Development Inc (MDI) is seeking a Development Analyst to provide detailed financial analysis of potential new development opportunities and investments, conduct market research, manage due diligence, compile internal reports, and support deal‑level and general office activities throughout the real estate development lifecycle.

• Prepare financial, leasing, environmental, land‑use, entitlement analyses, and project reports
• Coordinate budget preparation, tracking, and government 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

• Bachelor’s degree in Real Estate, Business, Finance, or Accounting (preferred)
• Minimum two years of real‑estate business experience
• 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 during long hours when needed

• Medical and prescription drug plans with no additional cost vision coverage
• Dental plan
• 401(k) retirement plan with generous Mortenson match
• Paid time off, holidays, and other paid leaves
• Employer‑paid life, AD&D, and disability insurance
• No‑cost mental‑health tools 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, with higher ranges for Denver, CO and Chicago, IL (5% higher), Seattle, WA and Portland, OR (10% higher), and Washington, D.C. (12.5% higher). Base pay is positioned within the range based on skills, experience, and 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 five days and an average of 44 days.

Mortenson is a top builder, developer, and EPC (engineering, procurement, and construction) company with expertise in sports, renewable energy, data centers, healthcare, and more.

Mortenson is committed to providing equal opportunities for all, regardless of race, religion, gender, national origin, age, veteran status, disability, marital status, or any other legally protected category.