Development Intern

About the Role

Join a team that’s passionate about building inspiring spaces and pushing the industry forward in smarter, more innovative ways. As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. At Mortenson, we’re grounded in offering meaningful work, real career growth, and a collaborative culture where your ideas and contributions matter. We’re looking for motivated, adaptable individuals who thrive in fast-paced environments and enjoy working with a diverse range of people. If you’re proactive, curious, and ready to make an impact while growing your career, check out our opportunities!

As an intern, you’ll get hands-on experience right away, working alongside project teams and partners to keep things moving. You’ll help solve real problems, stay organized, communicate across teams, and make an impact from day one while building the foundation for your career.

Key Responsibilities

Mortenson Development, Inc. (MDI) is seeking a Development Intern to work closely with our seven regional development offices on a wide range of new development and acquisition opportunities across several asset classes. You will play a key role and gain unique insight working alongside our skilled team of development staff, legal staff, and the MDI executive team in this role. Specific duties will include:

• Complex financial modeling
• Valuations
• Underwriting
• Creation of offering memoranda (debt and equity)
• Asset management
• Capital raising
• Providing underwriting and evaluation support across multiple property types, including medical office, multifamily, hotel, industrial, and land asset classes, and alternative investments
• Preparing information memoranda and associated materials for distribution to potential investors and lenders
• Conducting research on existing and potential markets by identifying trends, macro/microeconomic drivers and demographics that impact real estate investment strategies
• Supporting overall due diligence process from pre-development through completion/disposition
• Developing and implementing financial models to support credit analysis
• Conducting analytical work in support of the financing strategies of potential capital market activities

Program Overview

Our summer intern program (May – August 2027) is designed to give you real, hands-on experience from day one, working on meaningful projects that directly impact the business. You’ll gain exposure to innovative work, build professional skills through development opportunities, and be supported by a team that values your growth. Your ideas matter here, and you’ll have the chance to contribute, learn, and make a difference while exploring your career path.

Requirements & Tech Stack

• Currently pursuing an undergraduate, four-year degree in Real Estate, Finance, or other related degree.
• Hourly wage starts at $18.

Qualifications

• Currently pursuing an undergraduate, four-year degree in Real Estate, Finance, or other related degree.
• Previous related internship experience
• Currently enrolled as an undergraduate junior
• Basic understanding of construction and generally accepted business practices
• Strong collaboration, communication, and problem-solving skills
• Show initiative and leadership
• Positive and professional attitude
• Solid customer service skills
• Detail-oriented, organized
• Can effectively handle multiple competing priorities

Visa sponsorship is not offered for this position.

Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status.