Berkshire Hathaway just wrote a $6.8 billion check for homebuilder Taylor Morrison. The all-cash deal, announced on May 31, prices Taylor Morrison shares at $72.50 each, a 24% premium over the company’s closing price of $58.50 on May 29. The total enterprise value, which includes debt, comes in at roughly $8.5 billion. The entire transaction represents less than 2% of Berkshire’s cash reserves.
Greg Abel’s first big swing
This is the first major acquisition under CEO Greg Abel, who formally took the reins in January 2026 after Warren Buffett stepped back from the top role. Buffett remains chairman, but the deal marks a clear signal about the direction Abel intends to take the conglomerate.
Taylor Morrison is one of the larger publicly traded homebuilders in the US, operating across multiple states with a focus on single-family homes and master-planned communities. Once the deal closes, expected in the second half of 2026 pending shareholder and regulatory approvals, Taylor Morrison will become a privately held subsidiary of Berkshire. Current CEO Sheryl Palmer is expected to stay on to lead the company.
Why housing, why now
