Berkshire Hathaway Buys Taylor Morrison for $8.5 Billion

Berkshire Hathaway completed its acquisition of Taylor Morrison Home Corp. on Friday, in a cash deal that values the homebuilder at approximately $6.8 billion in equity and $8.5 billion in enterprise value. The companies initially announced the proposed acquisition in late May 2026. Under the terms of the transaction, Berkshire Hathaway paid $72.50 per share in cash for Taylor Morrison common stock.

This acquisition integrates one of the larger publicly traded homebuilders into Berkshire Hathaway's existing homebuilding division, Clayton Properties Group. Taylor Morrison, headquartered in Scottsdale, Arizona, will continue to be led by CEO Sheryl Palmer. Palmer will be responsible for integrating Taylor Morrison's brands, including Esplanade, Yardly, and Taylor Morrison Home Funding, with Clayton Properties Group, which comprises 15 regional and local homebuilding companies.

Collectively, Taylor Morrison and Clayton Properties Group achieved nearly 23,000 site-built home closings in 2025. They operate across 21 states and 52 housing markets, serving over 700 communities nationwide. This combined footprint establishes the unit as the fourth-largest homebuilding operation in the United States. In 2025, Taylor Morrison reported $7.76 billion in revenue and delivered 12,997 homes across 21 markets in 12 states, operating 341 active selling communities with approximately 3,000 full-time employees.

Greg Abel, CEO of Berkshire Hathaway, stated that Taylor Morrison will spearhead Berkshire's strategy for a consolidated site-built homebuilding operation. Berkshire Hathaway already owns Clayton Homes, a major manufacturer of factory-built housing, in addition to Clayton Properties Group's site-built platform. Palmer indicated that the merger with Berkshire and Clayton's regional builders will enhance Taylor Morrison's scale and market reach while preserving its local expertise.