Mortenson Construction

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Development Intern

Development Intern

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Mortenson’s success is not a matter of luck; it’s a result of our ingenuity, expertise, and exceptional people coupled with our unparalleled focus on customer service.


Our foundation and culture are based upon our company values of trust, safety, teamwork, responsibility, service and stewardship. We are inspired by a compelling purpose to build structures and facilities for the advancement of modern society and a mission to create an exceptional customer experience. Mortenson has built a reputation for being a leader in our industry and in the communities in which we live and work.


It all starts with our exceptional people and exceptional teams. Mortenson has been voted a "best place to work" 38 times regionally over the past decade…


… What are you waiting for?!



Mortenson Development, Inc. (MDI) is seeking a Development Intern based in the headquarters office in Minneapolis, MN. Primary responsibilities will entail working closely with MDI’s seven regional development offices on a wide range of new development and acquisition opportunities across several asset classes.



The Development Intern will play a key role that will interface with development staff, legal staff, and the MDI executive team. Specific duties will include complex financial modeling, valuations, underwriting, creation of offering memoranda (debt and equity), asset management and capital raising.

  • Provide underwriting and evaluation support across multiple property types, including medical office, multifamily, hotel, industrial, and land asset classes, and alternative investments
  • Prepare information memoranda and associated materials for distribution to potential investors and lenders
  • Support overall due diligence process from pre-development through completion/disposition
  • Develop and implement financial models to support credit analysis
  • Conduct analytical work that supports the financing strategies of potential capital market activities

Location: Minneapolis, Minnesota




Required Skills

  • Advanced analytical skills including the demonstrated ability to perform financial modeling using Microsoft Excel
  • Strong knowledge of finance concepts, including: NOI returns, cash flow returns, internal rate of return, debt yields, valuation methods and capital markets
  • Sound understanding of commercial real estate and financial products and services
  • Strong people skills with high integrity and a team attitude
  • Strong verbal, written and interpersonal communication skills
  • Self-starter with ability to multi-task and manage change effectively 

Preferred Skills

  • Open to change based on diverse input and feedback
  • Effectively work with those of diverse backgrounds and organizational levels
  • Adaptive, effective communication and active listening skills
  • Strong cross-cultural relationship building and influencing at all organizational levels 

Education And Experience

  • Pursuing Bachelor’s Degree in real estate, finance or related field


Mortenson is an EOE/Affirmative Action/M/F/Veteran/Disabled employer.

EEO is law.


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