Mihai Toma is an entrepreneur with a successful track record in building companies and value for investors. Those companies include a luxury homebuilder, real-estate brokerage, diversified investment company and most recently a community bank (proposed).
Currently, Mihai is one of the top producing Realtors in The Valley and the CEO of The Phoenix Investment Company. He launched The Phoenix Investment Company at the height of the real estate market volatility in 2009 and successfully led that company to produce double-digit returns for his investors in each year of operation. Mihai credits his investment success to a disciplined and risk-managed buying strategy.
He also serves as a founding Director and Vice-Chairman of Grand Canyon Bank (proposed). The proposed community bank is currently working with state and federal regulators to acquire a new banking charter. Mihai is also working with leaders from the aerospace, biomedical and education sectors to have the bank provide services for unmet banking needs.
Previously, Mihai founded and operated De Novo Construction. The company performed services in luxury home construction and commercial property refurbishment. By building sophisticated cost-controls, subcontractor management systems and integrated management software, Mihai built De Novo into a profitable multi-million dollar company in just a few years. The company is now owned by Phoenix Investments. Mihai was also the CEO for Toma Partners Luxury Real Estate, which is now with Century 21. In just over five years, Mihai has led Toma Partners to being one of the top 20 Arizona brokerages in sales volume by expanding the customer base and building a recognizable brand.