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The Reliant Group centers its investment strategy on the premise that motivated people, original ideas and exacting execution are scarce, but powerful, stimulants to value creation.


Joseph L. ShermanPrincipal and Founder

Joseph L. Sherman is the President and co-founder of The Reliant Group. He is the co-owner of Reliant Group Management. Mr. Sherman directs the capital formation and acquisitions, employing a hands-on approach with each investment to ensure successful execution. He specializes in acquiring real estate assets with complicated, multifaceted issues, including remediation, repositioning, renovation and new construction. Mr. Sherman began his career as a real estate attorney in Washington, D.C. with Lane & Edson, PC, representing affordable and market rate multifamily housing developers nationwide. Mr. Sherman focused on representing affordable housing developers, particularly with HUD Section 8 rental assistance contracts and FHA financing. He also developed an expertise in alternative energy and energy efficiency, representing utilities and entrepreneurs, as well as writing publications for the US Department of Energy.

Mr. Sherman left the practice of law to join Oxford Development Inc., the country’s second largest developer of multifamily housing. During Mr. Sherman's tenure, Oxford Development was the single largest developer user of tax-exempt financing for multifamily properties in the United States. While at Oxford, Mr. Sherman developed his skills in underwriting, finance and placement of tax-exempt bonds, backed by multifamily assets. He directly placed over $300 million of tax-exempt housing bonds from 1985-1988. Mr. Sherman has substantial experience in tax-exempt finance for multifamily housing, such as issuing and restructuring bonds in numerous locales.

Mr. Sherman served as Chairman of the Real Estate Capital Recovery Association and as Executive Director and President of Equality Community Housing, a non-profit owner of affordable housing, which he founded in 2002. He currently serves as President of Rainbow Housing Assistance Corporation, a non-profit owner of low and moderate income housing, which he also founded in 2002. Mr. Sherman is president of the board of Texas Council Foundation for Social Resources. He was a founder and trustee of The Bay School, a science and technology high school, located in San Francisco, serving for over 10 years. He is currently on the board of trustees of San Francisco Jazz, the first free standing jazz concert venue in the US.
 
J. Caskie ColletPrincipal

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.