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Berkshire Hathaway completes $72.50 per share Taylor Morrison deal
The acquisition, closed July 24, valued Taylor Morrison at about $6.8 billion in equity and roughly $8.5 billion enterprise value, making homebuilding a larger part of Berkshire's strategy.
Berkshire Hathaway completed its acquisition of homebuilder Taylor Morrison on July 24, paying $72.50 per share in cash. The deal totals about $6.8 billion in equity value and carries an enterprise value near $8.5 billion, marking one of the largest transactions in CEO Greg Abel's tenure, according to Yahoo Finance.
Taylor Morrison CEO Sheryl Palmer will oversee integrating Taylor Morrison brands, including Esplanade, Yardly, and Home Funding, into Berkshire's Clayton Properties Group. Combined, the operations closed nearly 23,000 homes in 2025 across 21 states, 52 markets, and 700 communities, expanding the company into a broader mix of renters, entry-level, move-up, and resort buyers, the outlet said.
After the integration, the combined entity becomes the country's fourth-largest homebuilder. The transaction also underscores Berkshire's approach of using insurance float to fund acquisitions, with Yahoo Finance noting that Berkshire retained roughly $400 billion in cash at the end of Q1 even after writing an $8.5 billion check that included debt.
The purchase comes with trade-offs, including integration execution risk as the four Taylor Morrison brands are folded into Clayton's 15 existing builders. Yahoo Finance also highlighted the timing tension of deploying capital into homebuilding when broader home prices are described as elevated rather than depressed.