Warren Buffett’s successor just made his biggest bet yet on housing.
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation for $72.50 per share in cash, the companies announced in a joint statement, valuing the national homebuilder at approximately $6.8 billion in equity and $8.5 billion in total enterprise value.
Greg Abel
The offer represents a 24 percent premium to Taylor Morrison’s May 29 closing price of $58.50.
Berkshire CEO Greg Abel said the conglomerate intends to eventually combine Taylor Morrison’s operations with Clayton Homes and its other building products businesses in a combined platform.
“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 in the announcement.
Sheryl Palmer
Taylor Morrison, headquartered in Scottsdale, Arizona, operates more than 350 communities across 21 markets in 12 states. The company serves entry-level, move-up and resort lifestyle buyers under its Taylor Morrison and Esplanade brands and develops rental communities under its Yardly brand. It also provides mortgage, title and escrow, and homeowners’ insurance services to customers.
Taylor Morrison Chairman and CEO Sheryl Palmer, who will remain in her role after the deal closes, called the combination “a once-in-a-lifetime opportunity” in the announcement, citing Berkshire’s capital strength and long-term investment philosophy as a fit for homebuilding’s multi-year development cycles.
The deal is expected to close in the second half of 2026, subject to Taylor Morrison stockholder approval and regulatory clearance. Upon closing, Taylor Morrison will go private and its shares will be delisted from the New York Stock Exchange.
