What are the responsibilities and job description for the Vice President of Development position at Basel Capital (USA)?
About Basel Capital:
Basel Capital is a boutique private equity real estate investment firm with a distinguished track record in global investments and deep expertise in local markets. As a leading real estate developer in the U.S., we deliver a comprehensive “One-Stop-Shop” experience to investors, driving innovative and high-quality real estate solutions. Join our leadership team to shape transformative development projects in the vibrant Greater Seattle Area.
Role Overview:
We are seeking an experienced Vice President of Development to lead and oversee the full lifecycle of real estate development across our project portfolio in the Greater Seattle Area. This senior leadership role is responsible for land acquisition, feasibility analysis, entitlement, financial structuring, design coordination, and execution oversight, ensuring that each project aligns with Basel Capital’s investment vision and performance standards.
Key Responsibilities:
- Develop and execute strategic development plans for residential and mixed-use projects, ensuring alignment with corporate growth goals.
- Lead all phases of the development cycle, including site identification, due diligence, entitlement, permitting, design management, and project handoff to construction teams.
- Conduct feasibility studies, financial modeling, and market analyses to guide investment decisions.
- Oversee project budgets, financial performance, and risk assessments, ensuring strong ROI and adherence to underwriting assumptions.
- Collaborate closely with architects, engineers, land-use attorneys, consultants, and local authorities to secure approvals and maintain regulatory compliance.
- Drive design innovation to enhance architectural quality, sustainability, and long-term asset value.
- Negotiate contracts with consultants, service providers, and land sellers to ensure favorable terms and operational efficiency.
- Provide leadership and guidance to internal teams and external partners, fostering a culture of accountability and excellence.
- Deliver comprehensive presentations and regular updates to senior leadership, investors, and external stakeholders on development progress and strategic initiatives.
Qualifications:
- 10 years of progressive experience in real estate development, including entitlement, planning, and financial analysis.
- At least 5 years in a senior development leadership role (e.g., Development Director, VP of Development).
- Proven expertise in managing full-cycle development of large-scale residential, commercial, or mixed-use projects.
- Strong financial and analytical skills, including proficiency in underwriting, feasibility modeling, and deal structuring.
- Exceptional leadership, communication, and negotiation capabilities.
- Ability to work full-time on-site in the Greater Seattle Area.
- Bachelor’s degree in Real Estate, Urban Planning, Architecture, Construction Management, or a related field (Master’s degree or MBA preferred).
- Experience working within a real estate development or private equity firm is highly desirable.
- Proficiency with development and project management software (e.g., Procore, MS Project, Argus, Bluebeam).
- Fluency in Mandarin or Cantonese is a plus, given our global investment partnerships.
Why Join Basel Capital?
- Lead high-impact development initiatives with a fast-growing, innovative real estate developer.
- Shape transformative projects in one of the most dynamic real estate markets in the U.S.
- Collaborate with a dedicated leadership team committed to excellence and investor success.
- Competitive salary, performance-based bonuses, and comprehensive benefits package.