MPI Senior Asset Management Analyst

Mortenson Properties, Inc. ("MPI") is currently seeking a Senior Asset Management Analyst within the MPI team to evaluate, monitor, and optimize the financial and operational performance of MPI's real estate portfolio. This role will work closely with the Asset Management, Investment, Finance, Operations, and Leasing teams to maximize returns, minimize risks, build financial models, analyze market data, support leasing efforts with dedicated Asset Managers primarily in the industrial asset class, and prepare executive-level reporting for leadership and investment decision-making.

• Build, maintain, and enhance cash flow models, valuation analyses, and return projections in Excel and ARGUS, including IRR, NOI, operating margin, and sensitivity analyses
• Monitor asset‑level and portfolio‑level performance metrics, evaluate market conditions, identify risks, value‑creation opportunities, and operational improvement areas across MPI's portfolio
• Support leasing efforts with dedicated Asset Managers, primarily within the industrial asset class, by tracking leasing activity, LOIs, vacancies, tenant exposure, rollover risk, market comparables, and broker updates to support portfolio strategy and asset‑level decision‑making
• Analyzing lease economics, tenant credit, and the financial impact of proposed deals to support leasing recommendations
• Partner with finance, accounting, operations, leasing, and property management teams to support annual budgeting, expense management, forecasting, and variance analysis
• Prepare KPI dashboards, executive summaries, investment committee materials, and recurring portfolio reports that translate financial and operational data into clear insights for leadership
• Support hold/sell analyses, refinance and disposition readiness, acquisition and disposition due diligence, and asset management transitions
• Assist with capital expenditure planning, vendor and procurement coordination, compliance tracking, sustainability initiatives, and operating strategies that improve long‑term asset performance
• Maintain and improve internal databases, market research resources, comparable sale and lease information, mapping tools, and asset‑level documentation to strengthen data‑driven decision‑making
• Collaborate with the Investment Team to support active development projects
• Represent MPI in the market by engaging with local industry participants, brokers, property managers, consultants, and professional organizations, while supporting broader MPI networking and recruiting efforts

• Bachelor's degree in Finance, Business or related field or equivalent experience
• Minimum of 2-4 years of related work experience in the real estate field
• Advanced analytical skills, including modeling in Excel and ARGUS, and familiarity with real‑estate finance, basic real‑estate operations, leasing, and development concepts
• Strong social and interpersonal skills, a curious nature, and a self‑driven work ethic, with the ability to thrive in the fast‑paced, ever‑changing field of CRE
• Basic knowledge of CRE terminology and financial literacy, with the ability to quickly problem solve and think outside the box
• Ability to travel up to 25%

(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 concierge with extensive work‑life resources
• Tuition reimbursement
• Adoption Assistance
• Gym Membership Discount Program

(Actual range is higher for…