Joseph L. Sherman is the President and Founder of The Reliant Group. Mr. Sherman is responsible for the day-to-day management of the company, employing a hands-on approach with each investment to ensure successful execution. Mr. Sherman specializes in resolving problems of real estate assets with complicated, multifaceted issues - including remediation, repositioning, renovation and rehabilitation. He has substantial experience in tax-exempt finance for multifamily housing, both as a lawyer and principal, having been responsible for well over $500 million of new bond issuances and restructurings of acquired bonds in his career. In addition, Mr. Sherman is solely responsible for raising each of the Capital Accelerator Program (CAP funds), which provide discretionary investment capital for the firm.
Mr. Sherman began his career as a real estate attorney in Washington D.C. in 1981, representing affordable housing developers nationwide. He later joined Oxford Development Inc., the country’s second largest developer of multifamily housing, leading its public finance initiative.
Mr. Sherman has served as Chairman of the Real Estate Capital Recovery Association and was the founder and Executive Director of Equality Community Housing, a non-profit owner of affordable housing, from 2002 to 2004. Mr. Sherman has served as President of Rainbow Housing Assistance Corporation, a non-profit owner of low and moderate income housing, since 2002. He also serves on the board of Texas Council of Foundation For Social Resources and The Pembrook CDE Advisory Board. In addition, Mr. Sherman is a Founder and Trustee of the Board of The Bay School, a newly created science and technology high school, located in the Presidio of San Francisco.
He has a BA from Bowdoin College (Magna Cum Laude) and received his JD from Georgetown University Law Center. He resides in San Francisco with his wife and children.
J. Caskie Collet –
Principal
Caskie Collet is the Chief Operating Officer of The Reliant Group. He has been a principal of the firm since 2005. Mr. Collet oversees all asset management functions for the existing portfolio, including operational and financial performance of more than 8,000 apartment units across the country. Mr. Collet is also responsible for completing all financing, refinancing and disposition transactions for the CAP funds and The Reliant Group portfolios. Additionally, Mr. Collet oversees all fund level accounting and investor reporting.
Mr. Collet began his professional career as an asset manager for Midland Loan Services, focused on the workout and disposition of a $1.2 billion portfolio of Resolution Trust Corporation sub-performing and non-performing real estate loans, secured by multifamily, retail, and hospitality assets across the country. After earning his MBA at The Wharton School of the University of Pennsylvania in 1999, Mr. Collet held several finance and business development positions focused on real estate acquisition, corporate finance, distressed asset management and financial restructuring.
Mr. Collet serves on the board of directors of Glide Economic Development Corporation and Glide Community Housing, non-profit organizations focused on the development and ownership of community based affordable housing in San Francisco. He is also an advisor to the board of directors of several affordable housing non-profit organizations, including Rainbow Housing Assistance Corporation, Placet Development and Equality Community Housing, which are national organizations engaged in the development and preservation of service enriched affordable housing across the United States.
Mr. Collet earned his BS in business from the University of Southern California and an MBA in Entrepreneurial Finance from the University of Pennsylvania's Wharton School of Business. He resides in the San Francisco bay area with his wife and three children.