Meet the Team
Derrick
Derrick Neal
Partner
Extensive financial management and leadership experience with a
comprehensive understanding of commercial corporate banking, investment banking finance governmental, non-profit, church, charter school finance, investment banking, real estate development, construction and finance background. Skilled in analyzing financial feasibility data, market study reports and real estate appraisals. Experienced in structuring, developing and analyzing financial pro forma projections and establishing financial feasibility, raising equity, and debt capital for real estate development projects as well as securing grant funds. Served as financial adviser to private real estate development firms, not-for-profit corporations, and churches in the development of various real estate and economic development projects, have extensive contacts with small and large investment banking firms and tax-exempt bond legal counsel throughout the country to help facilitate the raising of debt and equity real estate capital.
2005-Present President and CEO of Superior Community Capital Corporation
Served as senior and or co-financial adviser and development consultants for various real estate related projects, real estate related economic development projects ranging from affordable housing projects, church financing, retail commercial property acquisition and development from strip shopping center to hotels utilizing new market tax credits as well as business corporate financing and new job creation via real estate economic development projects. Duties included securing and analyzing
market study reports and appraisals and overseeing all aspects of construction.
2018-Present Managing General Partner of DND Investment Group, LLC
A family-owned real estate development company specializing in the development of single-family subdivisions located in Memphis, TN, Tupelo, MS and Oxford, MS.
1997-2010 President and CEO of Superior Development Group, Inc.
Successfully raised over $10,000,000 in mortgaged backed bonds for the development and construction for various real estate development housing projects including single family subdivision and multifamily housing projects. Duties included securing and analyzing market study reports and appraisals and overseeing certain aspects of construction.
Served as financial adviser to secure approximately $10,000,000 in church financing in Jackson, MS. Duties included securing construction financing and monitoring construction.
Secured over $25,000,000 mortgaged backed bonds in government guarantees for real estate development housing projects both single-family and multifamily.
Successfully led the company to become a publicly traded company whose stock was listed and traded in the over the counter stock market.
Secured as financial adviser to Value Health Care LLC, Jackson, MS. Secured $18,500,000 in tax exempt bond issuance of
unenhanced real estate debt capital and $7,000,000 in equity from the syndication and sale of Low-Income Housing Tax Credits for a 250-bed assisted living facility in Greenville MS. Duties included securing and analyzing market study reports and appraisals and overseeing certain aspects of construction.
1992-1997 President and CEO of Mid-South Development Inc.,
Successfully raised over $6,000,000 in equity and debt capital for the development of the 52-unit James E. Taper apartment complex in Lambert, Quitman County MS. Duties included obtaining market studies and appraisals as well as manage the day to day construction activities from the ground up.
Successfully raised $1,500,000 in equity and debt capital for the development of the 26-unit West Lambert apartment complex, Lambert, MS. Duties included obtaining market studies and appraisals as well as manage the day to day construction activities from the ground up.
Led Three Rivers Housing and Development, a 501 (c) 3
Non-profit corporation in securing funding in excess of $5,000,000 for the development of a 60-unit apartment complex in Itta Bena, MS
Served as Financial Advisor to non-profit corporations and municipalities seeking housing and economic development in their communities.
1990-1991 Chief Financial Officer, Big River Housing and Development Corporation (501c-3 nonprofit corporation).
Successfully help secured a $750,000 grant funds from the Eli Lilly Foundation to fund this organization. Secured an affordable housing loan from the Federal Home Bank of Dallas and a Federal HOME Grant from the Mississippi Development Authority.
Managed the underwriting of loans to clients seeking funds to rehabilitate their housing as well as managed a self-revolving loan fund to customers.
1987.1990 Commercial Real Estate Loan Officer, Grenada Sunburst
Banking System – Regions Bank, Clarksdale, MS
Originated, documented and closed commercial, and consumer and mortgage loans, concentrating in residential and commercial real estate loans.
1985-1987
Credit Representative and Assistant Branch Manager City Finance Loan Company, Greenville and Clarksdale, MS
Responsible for underwriting and approval of loans.
Responsible for interviewing customers and processing credit requests for approval to branch manager.
Responsible for collecting all delinquent loan accounts.
EDUCATION:
University of Mississippi, Oxford, MS
Major: Bachelor of Arts in Business Administration
LSU School of Banking.
Clarksdale High School, Clarksdale, MS
Derrick can be contacted @:
Phone: (901) 680-7500
Michelle
Michelle Moonen
Office Manager
Michelle Moonen serves as Office Manager for MidSouth Realty Partners, LLC. Michelle is responsible for managing the day-to-day operations, which includes all aspects of financial forecasting, resource allocation and fund management.
Michelle brings over 20 years of managing experience to the firm.
She is the mother of two daughters and has resided in Memphis since 1991.
She can be contacted @:
Phone: (901) 680-7508
Durwood
Durwood Goings
Partner
Logistics, marketing, sales and customer support. My field of experience is very diverse.
Traveled extensively abroad as the former Director-International Distribution at a fortune 500 company. Successfully managed distribution centers in Brazil, Asia and Mexico with annual sales of $200 million.
Sampling of Accomplishments
- Led NAFTA Six Sigma project producing logistics cost savings of $1M plus annually.
- Ensured compliance with Sarbanes Oxley, resulting in 100% clean audits.
- Successful Oracle business system implementations in Miami, Mexico & Asia
- Instituted a safety program with zero OSHA recordables over 10 years.
Currently:
Principal/Owner of Global Import and Export Services, LLC a global
provider of quality Diesel Engine Power Units, Generators, long/extended blocks, parts and accessories.
Married to my wife Donna Goings, four children and nine grandchildren.
Education & Professional Courses/Certifications
BA, Business Management
Mike Nicholes Inventory Management
Acclivus
Six Sigma Sponsor
He can be contacted @:
Phone: (901) 680-7500
Charles
Charles Sims, Jr.
Partner
Mr. Sims has founded Mortgage Companies and owned Commercial and Residential Real Estate.
He is a Life and Qualifying Member of The Million Dollar Round Table. He has qualified for numerous Top of The MDRT Qualifications.
He is a Member of the National Association of Life Underwriters, Financial Planning Association, Life Underwriting Training Council.
He is a member of The John Hancock Financial Network's Hall of Fame. Mr. Sims is the first African American in History to be inducted into this prestigious organization.
Mr. Sims is a Graduate of Memphis State University, class of 1974, LUTC Graduate class of 1976 and LUTCF Designation class of 1980. He earned The CERTIFIED FINANCIAL PLANNER DESIGNATION class of 1988.
Additionally, Mr. Sims is listed among Who's Who in Finance and Industry. He was one of the founding members and the first Public Relations Officer of The Mid-South Society of the Financial Planning Association.
Mr. Sims is a member of Mississippi Boulevard Christian Church and a member of the NAACP. He is a founding member and has served as the Chairman of the Board of Governors of The Crescent Club of Memphis and the Chairman of the Board of The Memphis Black Business Association.
He has also served on the boards of:
• The University of Memphis Tiger Club
• First American Bank Advisory Board
• Memphis Chamber of Commerce Advisory Board
• WKNO-TV
• Pink Palace Museum
• MLG&W Community Advisory Board
• April 4th Foundation
• Chairman of Bancorp South Bank Advisory Board.
• Advisory Board Member of The Christopher Pugh Foundation.
He can be contacted @:
Phone: (901) 680-7500
Charles@MidSouthRealtyPartners.com
Catherine
Catherine Towne Coleman, Partner
Catherine is an Entrepreneur, Business Owner, Author, Motivational Speaker, Adept Investor, Educator and Licensed Professional Counselor (LPC).
Presently, she is the owner of Wisdom Counseling Firm LLC. As a Licensed Professional Counselor, she provides Tele-Therapy through the National Mental Health Platforms of BetterHelp and Psychology Today.
She retired as Vice President for Student Affairs at East Arkansas Community College, where she served since the inception of the college. She is a Licensed Professional Counselor, LPC. She earned her Bachelor of Science degree in Elementary Education-English at the University of Arkansas at Pine Bluff, and her Master of Science degree in Counseling at Arkansas State University. She graduated from the Kellogg Fellows’ Program. She earned additional hours in Higher Education Administration from the University of Memphis and the University of Arkansas at Little Rock.
Publications:
“Parenting: What Will Your Legacy Be?” Copyright 2022 by Catherine Towne Coleman
“Successful Financial Planning” Copyright 2022 by Catherine Towne Coleman
“Prescriptions for Success: My Perspective”Copyright 2017 by Catherine Towne Coleman
“Facilitating Transfer: An Issue of the 90’s”: ERIC’S Clearing House for Junior Colleges; Indexed in ERIC’S monthly Abstract Journal for Resources and Education in Los Angeles California.
Business Ventures: Owner of Wisdom Counseling Firm LLC; President of HavenStreet Community Services; Cee Cee’s Boutique and Coleman’s Rental Properties in Forrest City Arkansas. Produced a “Business is Good” videotape in conjunction with Senator Dale Bumpers’ office, and Channel 7 in Little Rock, Arkansas. The video tapes were placed in libraries across the state of Arkansas to make Arkansans aware of business opportunities as a career. The project was funded by the Rockefeller Foundation. Directed the Minority Business Enterprise Project, which was Co-sponsored by the American Association of Community Colleges and the United States Department of Commerce. Her Entrepreneur’s Fair gained national recognition. As a result, she was invited to Dallas, TX to present the Entrepreneurs Fair’s program as a model project for their Small Business Development Center.
She also managed her parents’ grocery store, Towne’s Grocery, and later established “Cosmopolitan Business Alliance LLC”.
She served as director of the FARMY Project (Future resources for minority youth). This project was sponsored by the University of Arkansas at Pine Bluff in conjunction with their MANRRS program. The project developed afterschool programs in three high school in Pine Bluff, Arkansas. This project was funded by the Monsanto Corporation in St. Louis, Missouri.
Professional Membership: The Association of Student Conduct; The American Counseling Association, The American College Personnel Association; The Arkansas College Personnel Association (Received Recognition Award for outstanding service as President) The Arkansas Council on Student Services, and Alpha Kappa Alpha Sorority incorporated, where she serves as chairman of the Economic Wealth Committee for her local chapter.
Professional Honors: International Who's Who; Outstanding Young Women of America; Who's Who Among Women Executives; Who's Who Among Service Professionals; and Who's Who in the South and Southwest.
Community Involvement: Presently, she serves on the Saint Francis County Community Foundation Board; President of HavenStreet Community Services Board; Vice Chairman of Salem Church’s Trustee Board; Chairman of the Reaching Beyond the Walls Endowment.
Personal: She is the widow of the late Willie A. Coleman and the mother of three sons, who are all college graduates. Cyrus Coleman who owned two Quizno's Restaurants and is a Senior Financial Services Manager with American Fidelity in Collierville, TN; Denisho Coleman is an IT Manager Applications Developer for Essilor of America and owned Custom PC in Carrollton, TX. Michael Coleman is a retired Lieutenant in Internal Affairs with the Irving Police Department and is presently a Criminal Investigator with Collin County District Attorney’s office in McKinney, TX.
Catherine can be contacted @
901.680.7508