Berkshire Hathaway buys Taylor Morrison for $6.8 billion. Buffett touts Abel’s deal-making
Berkshire Hathaway, led by Warren Buffett, has made a significant move in the housing market by agreeing to acquire Taylor Morrison Home in a $6.8 billion deal. This acquisition showcases Berkshire’s confidence in the U.S. housing market despite recent challenges.
The deal, which values Taylor Morrison at about $8.5 billion including debt, represents a 24% premium to the homebuilder’s closing price. This strategic move comes under the leadership of Warren Buffett’s successor, Greg Abel, who took over as CEO at the beginning of 2026. The deal is expected to close in the second half of 2026.
Greg Abel expressed his enthusiasm for the acquisition, stating that Berkshire is acquiring a best-in-class national homebuilder with an exceptional team. He highlighted the company’s commitment to delivering the dream of homeownership to more Americans by unifying site-built homebuilding operations into a combined platform.
Warren Buffett praised Abel for his swift and efficient handling of the deal, emphasizing his confidence in Abel’s leadership. The acquisition of Taylor Morrison signals Berkshire’s optimism about a potential recovery in U.S. housing demand, despite challenges such as high mortgage rates and affordability pressures.
This acquisition expands Berkshire’s presence in the housing sector, adding to its existing portfolio which includes Clayton Homes, building product companies, and Berkshire Hathaway HomeServices. Berkshire’s last major deal was the $9.7 billion acquisition of OxyChem, the chemical business of Occidental Petroleum.
Overall, Berkshire’s acquisition of Taylor Morrison reflects its long-term investment strategy and confidence in the future of the U.S. housing market. The conglomerate’s diversified portfolio and strong leadership under Greg Abel position it well for continued growth and success in the industry.
