Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison in an all-cash deal worth about $6.8 billion, its first major acquisition since Greg Abel succeeded Warren Buffett as CEO at the start of 2026. The offer of $72.50 per share is a 24% premium to Taylor Morrison's previous close, and the deal is expected to close in the second half of 2026.
Taylor Morrison is a national homebuilder with more than 350 communities across 21 markets in 12 states, selling to entry-level, move-up and resort-lifestyle buyers under its Taylor Morrison and Esplanade brands. CEO Sheryl Palmer and her management team will stay on. Abel said Berkshire expects to "unify our site-built homebuilding operations into a combined platform" by merging the company with its existing Clayton Homes division.
The purchase is modest by Berkshire's standards, given the conglomerate's cash pile of nearly $400 billion, but it is a notable vote of confidence in the U.S. housing market and an early signal of how Abel will deploy capital in the post-Buffett era.