MPI Senior Asset Management Analyst

Mortenson•Robbinsdale, MN

4h•$79,000 - $118,600•Onsite

About The Position

Mortenson Properties, Inc. (MPI) is seeking a Senior Asset Management Analyst to evaluate, monitor, and optimize the financial and operational performance of its real estate portfolio. The analyst works closely with Asset Management, Investment, Finance, Operations, and Leasing teams to maximize returns, minimize risks, build financial models, analyze market data, and support leasing efforts with dedicated Asset Managers, primarily in the industrial asset class. The role also prepares executive-level reporting to support leadership and investment decisions. The position includes modeling and valuation work, portfolio performance monitoring, leasing analysis, budgeting and forecasting support, executive reporting, transaction and due diligence support, capital expenditure planning, data and research maintenance, and collaboration on development projects. The analyst also represents MPI in the market and supports networking and recruiting efforts. Travel of up to 25% is expected.

Requirements

Bachelor’s degree in Finance, Business, or a 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.
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 commercial real estate.
Basic knowledge of commercial real estate terminology and financial literacy, with the ability to problem-solve quickly and think outside the box.
Ability to travel up to 25%.

Responsibilities

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; and identify risks, value-creation opportunities, and operational improvements.
Support leasing efforts with dedicated Asset Managers, primarily in the industrial asset class, by tracking leasing activity, LOIs, vacancies, tenant exposure, rollover risk, market comparables, and broker updates.
Analyze 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 on annual budgeting, expense management, forecasting, and variance analysis.
Prepare KPI dashboards, executive summaries, investment committee materials, and recurring portfolio reports 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 to improve long-term asset performance.
Maintain and improve internal databases, market research resources, comparable sale and lease information, mapping tools, and asset-level documentation.
Collaborate with the Investment Team to support active development projects.
Represent MPI with local industry participants, brokers, property managers, consultants, and professional organizations, and support broader MPI networking and recruiting efforts.

Benefits

Medical and prescription drug plans, including no-additional-cost vision coverage
Dental plan
401(k) retirement plan with a 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
Eligibility for Mortenson’s incentive plan