MPI Senior Asset Management Analyst

Mortenson•Minneapolis, MN

1d•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 role works closely with Asset Management, Investment, Finance, Operations, and Leasing teams to maximize returns, minimize risks, build financial models, analyze market data, support leasing efforts primarily for industrial assets, and prepare executive-level reporting for leadership and investment decisions. The analyst supports portfolio and asset-level decision-making through financial modeling, performance analysis, leasing support, budgeting, reporting, due diligence, and asset management activities. The role also contributes to active development projects and represents MPI through engagement with industry participants and professional organizations. Travel of up to 25% is required. This position is onsite, and visa sponsorship is not offered.

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 a fast-paced, changing commercial real estate environment.
Basic knowledge of commercial real estate terminology and financial literacy, with the ability to solve problems quickly and think creatively.
Ability to travel up to 25%.
Must be legally authorized to work in the U.S. without employment visa sponsorship.

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 for industrial assets, 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 in the market by engaging with local industry participants, brokers, property managers, consultants, and professional organizations, and support MPI networking and recruiting efforts.

Benefits

Medical and prescription drug plans, including vision coverage at no additional cost.
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 work-life resources.
Tuition reimbursement.
Adoption assistance.
Gym membership discount program.
Eligible for Mortenson’s incentive plan.