Berkshire Hathaway said Friday it has completed its acquisition of Taylor Morrison Home Corporation, closing an all-cash deal valued at roughly $8.5 billion in total enterprise value. The transaction folds one of the nation’s largest publicly traded homebuilders into Berkshire’s expanding housing portfolio, creating what the companies describe as the fourth-largest homebuilding operation in the United States.
Under the terms disclosed by the companies, Berkshire paid $72.50 per share in cash for Taylor Morrison, representing a total equity value of approximately $6.8 billion. The per-share price marked a 24% premium over Taylor Morrison’s closing stock price of $58.50 on May 29, 2026, the trading day before the deal was announced.
How the deal came together
Berkshire Hathaway and Taylor Morrison first announced the agreement on May 31, 2026, according to a release posted to Taylor Morrison’s investor relations site. The deal cleared antitrust review when the Hart-Scott-Rodino waiting period expired on July 6, 2026, and Taylor Morrison shareholders formally approved the merger at a special meeting on July 22, 2026, with more than 75.8 million shares voting in favor and about 2.3 million against, according to a filing Taylor Morrison made with the Securities and Exchange Commission.
Berkshire and Taylor Morrison confirmed the deal’s completion on July 24, 2026, in a joint statement, and Taylor Morrison separately reported the closing to the SEC the same day, disclosing that the company became a wholly owned Berkshire subsidiary and that its shares would be delisted from the New York Stock Exchange.
Integration plans
Taylor Morrison will keep its existing leadership team, including Chief Executive Sheryl Palmer, who is now tasked with unifying the company’s brands β Taylor Morrison, Esplanade, Yardly and Taylor Morrison Home Funding β with Berkshire’s Clayton Properties Group, a collection of 15 regional and local homebuilders, according to the companies’ joint release.
“Today marks an important step forward as Taylor Morrison joins Berkshire,” Greg Abel, Berkshire Hathaway’s chief executive, said in the release. “This best-in-class national homebuilder will lead our vision for a unified site-built homebuilding operation.”
Palmer, in the same release, called the combination “transformative,” saying the scale gained by unifying with Berkshire and Clayton’s regional builders would benefit the company going forward. Her comments reflect the company’s own characterization of the deal and have not been independently verified by RealtyWire.
Combined, Taylor Morrison and Clayton Properties Group recorded nearly 23,000 site-built home closings in 2025 and now operate across 21 states, 52 housing markets and more than 700 communities, spanning renter, entry-level, move-up and resort-lifestyle segments, per the companies’ disclosures.
What it means
Verified facts: Berkshire Hathaway has closed its acquisition of Taylor Morrison for $72.50 per share, a deal with roughly $8.5 billion in total enterprise value and $6.8 billion in equity value. Shareholders approved the merger July 22, 2026, and the transaction closed July 24, 2026, with Taylor Morrison becoming a wholly owned Berkshire subsidiary, according to company disclosures and SEC filings.
Attributed interpretation: Company executives describe the combination as creating a unified, national site-built homebuilding platform and the fourth-largest homebuilding operation in the country. Those characterizations come from Berkshire and Taylor Morrison themselves and represent the companies’ own framing of the deal’s significance.
RealtyWire analysis: The deal extends Berkshire’s long-running push into housing-adjacent businesses, which already include Clayton Homes, several building-products manufacturers and the Berkshire Hathaway HomeServices brokerage network. Pairing a large public homebuilder with Clayton’s regional builders could give Berkshire more direct exposure to site-built new-home construction at a time when the sector remains sensitive to mortgage rates and buyer affordability. For more housing market coverage, readers can track how the integration unfolds across Taylor Morrison’s markets.
What to watch next
Investors and industry observers will be watching how quickly Taylor Morrison’s operations are integrated with Clayton Properties Group, whether Palmer’s leadership team retains autonomy over pricing and land strategy, and whether Berkshire pursues further additions to its homebuilding portfolio. Taylor Morrison’s shares are expected to be delisted from the NYSE following the closing, per the company’s SEC filing. RealtyWire will continue tracking homebuilder M&A activity as the sector consolidates.
