American community developer Taylor Morrison Home Corporation is set to be bought by Berkshire Hathaway following a definitive agreement announced by both companies.

The transaction is valued at $72.50 per common share in cash. This brings the total equity value of the housebuilder to roughly $6.8 billion, with an overall enterprise value sitting at approximately $8.5 billion. Shareholders are receiving a 24% premium on the company’s last closing price of $58.50, recorded on 29 May 2026.

Once the takeover is completed, the Arizona-based builder will transition into a private company and its common stock will be removed from the New York Stock Exchange. The transaction is expected to close during the latter half of 2026. It remains subject to customary closing conditions, regulatory approvals and a vote from Taylor Morrison stockholders.

The existing management team will stay in place after the acquisition is complete. This includes Chief Executive Sheryl Palmer, who has spent 13 years guiding the firm on the public market.

Taylor Morrison operates across 12 US states, managing more than 350 communities in 21 distinct markets. The firm builds properties for entry-level, move-up and resort lifestyle buyers under its core brands, Taylor Morrison and Esplanade. It also runs a rental division called Yardly and handles internal financial services including mortgages, title insurance and escrow.

Sheryl Palmer, Taylor Morrison’s Chairman and Chief Executive Officer, said, “Joining Berkshire Hathaway is a once-in-a-lifetime opportunity to propel Taylor Morrison into its next, and most exciting, chapter, supported by Berkshire’s unmatched capital strength and long-term investment philosophy. This transaction is a testament to the value of Taylor Morrison’s talented team members, trusted brand, community-minded development approach, and diversified portfolio. Over the last 13 years as a public company, we built a track record of strategic growth—expanding our geographic footprint, integrating acquisitions with discipline, and deepening our competitive strengths across procurement, brand, and customer experience. Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company. I am deeply grateful to our stockholders for the confidence they have placed in Taylor Morrison over the past 13 years, and I could not be more excited about what this next chapter holds for our dedicated team members and partners who make this company extraordinary every day.”

Berkshire Hathaway Chief Executive Officer Greg Abel stated, “Berkshire is acquiring a best-in-class national homebuilder, led by an exceptional team and backed by a trusted reputation for customer experience. We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing, exemplified by Clayton Homes and our other building products businesses. 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.”

Advising Taylor Morrison on the multi-billion dollar transaction are financial experts Goldman Sachs & Co. LLC and Moelis & Company LLC. Legal representation is being handled by Simpson Thacher & Bartlett LLP, while Mayer Brown LLP is providing counsel on financial services regulations.