Berkshire Hathaway has completed its acquisition of Taylor Morrison Home Corp. in a cash deal that values the Arizona-based homebuilder at about $6.8 billion in equity and $8.5 billion in enterprise value, the companies announced on Friday. The companies announced the proposed acquisition in late May 2026.
Under the transaction, Berkshire paid $72.50 per Taylor Morrison common share in cash, according to the announcement. The deal adds one of the industry’s larger publicly traded builders to Berkshire’s existing homebuilding platform Clayton Properties Group.
Taylor Morrison, headquartered in Scottsdale, Arizona, will continue to be led by CEO Sheryl Palmer. She will oversee integration of Taylor Morrison’s brands — including Esplanade, Yardly and Taylor Morrison Home Funding — with Berkshire’s Clayton Properties Group, a collection of 15 regional and local site-built homebuilders.
Combined, Taylor Morrison and Clayton Properties Group delivered nearly 23,000 site-built home closings in 2025, operate in 21 states and 52 housing markets, and serve more than 700 communities nationally, the companies said. That footprint positions the unit as the fourth-largest homebuilding operation in the United States.
In 2025, Taylor Morrison reported revenue of $7.76 billion and delivered 12,997 homes across 21 markets in 12 states. The builder operated 341 active selling communities and employed about 3,000 full-time team members, according to company data released with the deal announcement.
Greg Abel, CEO of Berkshire Hathaway, said in the announcement that Taylor Morrison will lead Berkshire’s strategy for a unified site-built homebuilding operation. Berkshire already owns Clayton Homes, one of the country’s largest factory-built housing companies, alongside Clayton Properties Group’s site-built platform.
Palmer said the combination with Berkshire and Clayton’s regional builders will expand Taylor Morrison’s scale and reach while maintaining local expertise.
“The scale and reach we gain by unifying with Berkshire and Clayton’s 15 site-built homebuilders is transformative. We’ll now serve more customers, in more markets, with more choices—while maintaining the specialized local expertise that has made us successful,” Palmer wrote in a post on LinkedIn. “Opportunities like this come along once in a lifetime. I have never been more excited about the future of Taylor Morrison.”
Goldman Sachs & Co. and Moelis & Co. served as financial advisors to Taylor Morrison. Simpson Thacher & Bartlett was legal advisor, with Mayer Brown as financial services regulatory counsel. Gibson, Dunn & Crutcher and Baker McKenzie advised Berkshire, according to the announcement.
This article was written by Brooklee Han and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.
