Director of Investments - Mortenson Properties

SUMMARY

Mortenson Properties, Inc. (MPI) is looking for a Director of Investments. This individual will be responsible for acting as a primary point of contact from an acquisitions and dispositions perspective for a particular markets(s)/region working collaboratively with Head of Investments in a fast-paced environment to execute complex transactions. Functions include sourcing, underwriting, reviewing materials and presenting opportunities at Mortenson Properties, Inc. Investment Committee, negotiating legal documents and overseeing due diligence and closing for acquisitions within the market(s)/region. Additionally, the Director is expected to oversee and mentor junior staff, work collaboratively with the asset management team and work closely with the legal team during negotiations and due diligence through deal closing. Within the market(s)/region the Director will actively represent the company at conferences and other market-related functions maintaining a high degree of professionalism.

RESPONSIBILITIES

• Source acquisition/development opportunities within assigned market(s)/region. Coordinating with MPI investments team members on sourcing and underwriting portfolios
• Build relationships with local developers and operators in an effort to create JV partnerships.
• Serve as the primary point of contact for assigned market(s)/region
• Attend and host/sponsor market events relevant to the market(s)/region covered
• Represent MPI to the brokerage community and broader marketplace by showing a high degree of professionalism
• Keep a pulse on transaction and leasing activity, other market players and macro shifts within assigned market(s)/regions
• Work closely with the brokerage community, JV partners, third party consultants and junior staff to prepare underwriting and presentation materials for MPI Investment Committee
• Evaluate potential acquisitions and manage deal flow for the assigned market(s)/region including discussing potential deals' challenges and opportunities
• In coordination with in-house and outside counsel, negotiate LOIs, access agreements and purchase and sale agreements
• Work closely with the MPI and JV Partner team during due diligence through deal closing serving as the MPI's primary deal contact
• Work collaboratively with team members in other markets/regions and the asset management team
• Oversee and mentor junior staff providing opportunities for growth and learning
• Manage process along with MPI leaders in disposition functions such as portfolio selection, interfacing with the brokerage community, marketing, offer evaluation and legal negotiation
• Participation in the annual planning for companywide goals and collaborate with all MPI departments on the pursuit of our broad company goals.

QUALIFICATIONS

• BA or BS in Finance, Real Estate Finance, Accounting, Mathematics, Economics, Statistics or related disciplines preferred. Other majors will be considered
• 7+ years' experience
• Must be able to take a deal from inception through closing
• Excellent verbal and written communication skills, including ability to communicate virtually across regional offices
• Strong quantitative and qualitative analytical ability
• Strong presentation and negotiation skills
• Ability to multi-task effectively in a fast-paced work environment
• Proficiency in Microsoft Excel, Word and PowerPoint as well as Argus Enterprise
• Positive, proactive work ethic and approach
• Strong relationship management skills
• Demonstrated high attention to detail
• Willing to travel 25% +

A few benefits offered include:

(for Non-Craft & Non-Union Craft working 25+ hours / week)

• Medical and prescription drug plans that includes no additional cost vision coverage

• Dental plan

• 401k retirement plan with a generous 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

The base pay range for this role is $145,000 - $225,000. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL - 5%, Seattle, WA, and Portland, OR - 10%, Washington, D.C. - 12.5%).

Base pay is positioned within the range based on several factors including an individual's knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson's incentive plan.

#LI-PM1

Please make note:

• Visa sponsorship is not offered for this position.

• Our postings are typically open a minimum of 5 days and an average of 44 days.

ABOUT MORTENSON

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.

Let's Redefine Possible

ABOUT MORTENSON PROPERTIES

Mortenson Properties, Inc. ("MPI") is a commercial real estate investment company wholly owned by M.A. Mortenson Companies, Inc., a privately held corporation. MPI is a growing company that invests in commercial real estate through direct acquisitions and JV partnerships for development and portfolio acquisitions. MPI currently owns 8M SF portfolio of Industrial, Medical Office, Life Science and Office assets. Key markets include but are not limited to Salt Lake City, Denver, Minneapolis, Raleigh/Durham and Charlotte.

Equal Employment Opportunity

Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.

Other Items to Note

• Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.

• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time.