His predecessor Warren Buffett let cash build up. Read more at straitstimes.com. Read more at straitstimes.com.

"Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans."

The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.