Development Intern

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Mortenson

Let’s Redefine Possible®

5,001-10,000 employeesFounded 1954Minneapolis, MinnesotaConstruction
Actively hiringPaidSummer 2027Construction
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Best applied by Nov 16

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About the role#

Mortenson Development, Inc. is hiring a Development Intern to work with our regional development offices. You will work alongside our development staff, legal team, and executive leadership on a variety of new development and acquisition projects. This is a full-time, paid position for the Summer 2027 term.

What you'll do#

  • Perform complex financial modeling, valuations, underwriting, and capital raising.
  • Create offering memoranda for debt and equity.
  • Provide underwriting and evaluation support for property types including medical office, multifamily, hotel, industrial, land, and alternative investments.
  • Research markets to identify trends, demographics, and economic drivers that affect investment strategies.
  • Support the due diligence process from pre-development through project completion or disposition.
  • Develop financial models to support credit analysis and financing strategies.

What you'll need#

  • Currently pursuing an undergraduate, four-year degree in Real Estate, Finance, or a related field.
  • Junior standing is preferred.
  • Previous internship experience is preferred.
  • Basic understanding of construction and business practices is preferred.
  • Strong communication, problem-solving, and collaboration skills.
  • Ability to manage multiple competing priorities with a detail-oriented approach.
  • A positive and professional attitude.

Location & details#

  • This role is based in Minnesota and requires on-site work.
  • The internship runs from May to August 2027.
  • Candidates must be legally authorized to work in the United States without sponsorship. Visa sponsorship is not available for this position.
Relevant fieldsReal EstateFinance

About Mortenson

Mortenson is a construction and development firm based in Minneapolis. Founded in 1954, the company operates across North America and employs over 6,500 people. It provides engineering and energy services for various sectors, including healthcare, data centers, and renewable energy. The firm manages projects through a network of offices in cities such as Chicago, Seattle, and Phoenix.

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