Berkshire Hathaway acquires Taylor Morrison in $8.5 billion housing bet

Greg Abel's first major acquisition takes America's sixth-largest homebuilder private in a deal that expands Berkshire's housing empire

Berkshire Hathaway acquires Taylor Morrison in $8.5 billion housing bet

Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation in an all-cash deal valuing the Scottsdale, Arizona-based homebuilder at approximately $8.5 billion, including debt.

The transaction signals the conglomerate's conviction that United States housing demand is poised to recover despite persistent affordability headwinds facing mortgage brokers and loan officers across the country.

The Omaha, Nebraska-based conglomerate will pay $72.50 per share for Taylor Morrison, a 24% premium to the homebuilder's May 29, 2026 closing price of $58.50, according to a joint statement released Sunday.

Taylor Morrison's equity value stands at approximately $6.8 billion.

The deal, which is expected to close in the second half of 2026 pending shareholder and regulatory approvals, will take Taylor Morrison private and delist its shares from the New York Stock Exchange.

The acquisition is one of the first major strategic moves under Greg Abel, who succeeded Warren Buffett as Berkshire's chief executive at the start of 2026.

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Berkshire already holds a sizable footprint in housing, with manufactured home giant Clayton Homes, a portfolio of building products businesses, and Berkshire Hathaway HomeServices — one of the country's largest residential real estate brokerage franchise networks.

Abel said the company intends to consolidate its site-built homebuilding operations over time. "We expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans," Abel said.

Taylor Morrison chair and CEO Sheryl Palmer, who will continue to lead the company post-acquisition, called the deal "a once-in-a-lifetime opportunity" to accelerate growth backed by Berkshire's capital strength.

She noted the company's 13-year public track record of expanding into 21 markets across 12 states.

Taylor Morrison, headquartered in Scottsdale, Arizona, is the nation's sixth-largest homebuilder by volume. It delivered 12,997 homes at an average sales price of $597,000 in 2025, generating full-year home closings revenue of $7.76 billion and net income of $783 million, according to the company's February 2026 earnings release.

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The company operates more than 350 communities serving entry-level, move-up, and resort lifestyle buyers under the Taylor Morrison and Esplanade brands, with build-to-rent communities under the Yardly brand. It also provides in-house mortgage, title, escrow, and homeowners' insurance services to buyers.

Berkshire Hathaway, meanwhile, is a diversified conglomerate with operations spanning insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, and retailing.

It is listed on the New York Stock Exchange under the trading symbols BRK.A and BRK.B, and is currently sitting on a cash hoard of nearly $400 billion.

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