The veteran builder started his own company, got bought out and is now back on his own.
By Scott Sowers | Builder
Carl Mulac, owner of Joseph Carl homes in Phoenix is on a roll, again. Mulac started his company of the same name for the first time in 2008 amidst the devastation of the housing collapse and still managed to attract the attention of AV Homes, which at the time was known as Avatar Homes and based in Florida.
AV bought Mulac’s company in 2010 and made him the president of home building. His swallowed-up firm also got two seats on the board of directors and Mulac became a frequent flyer to the East Coast. “We had an operation here in Phoenix and one in Orlando. We were doing 350 homes the first year, and when I left in 2016, we were doing just over 2,500,” says Mulac. “We had opened up Jacksonville, Charlotte, and Raleigh and I was spending a lot of time on airplanes.”
Mulac bailed out of AV in 2016 (the company was recently acquired by Taylor Morrison), served out a one year non-compete clause in his contract, and has gone back to work in an industry that he has an obvious affinity for in the place he knows best. “I have three grown children and now a baby grandson who are all here so I wasn’t going to leave Phoenix,” he says. “I’ve been in the business since 1983 and most of the guys who are still in it do it is because they have a passion for it.”