SCOTTSDALE, AZ (June 2, 2026) — Berkshire Hathaway Inc. has agreed to acquire Scottsdale-based Taylor Morrison Home Corporation in an all-cash transaction valued at approximately $8.5 billion, including debt, marking a major housing-sector acquisition and a significant deal for one of Arizona’s largest publicly traded homebuilders.
Under the definitive agreement announced May 31, Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share in cash, representing a total equity value of approximately $6.8 billion and an enterprise value of approximately $8.5 billion. The purchase price represents a 24% premium to Taylor Morrison’s May 29 closing price of $58.50 per share.
Taylor Morrison is one of the nation’s largest homebuilders and is headquartered in Scottsdale. The company builds homes under the Taylor Morrison, Esplanade, and Yardly brands, operates in 21 markets across 12 states, and provides related mortgage, title, escrow, and homeowners insurance services.
The transaction is expected to close in the second half of 2026, subject to Taylor Morrison stockholder approval, required regulatory approvals, and other customary closing conditions. Upon completion, Taylor Morrison will become a private company and its common stock will no longer trade on the New York Stock Exchange.
Taylor Morrison Chairman and CEO Sheryl Palmer is expected to continue leading the company after the acquisition, along with the company’s existing management team. Berkshire Hathaway said Taylor Morrison will join its housing-related platform, which already includes Clayton Homes and other residential construction, materials, and real estate businesses.
“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,” Palmer said in the company announcement.
The acquisition is notable nationally as one of the first major deals under Berkshire Hathaway Chief Executive Greg Abel, who succeeded Warren Buffett as CEO. Reuters reported the acquisition expands Berkshire’s already significant exposure to housing through businesses such as Clayton Homes, Acme Brick, and Johns Manville.
For Arizona, the deal carries additional significance because Taylor Morrison is based in Scottsdale and has long been active in the state’s residential growth corridors. The company’s Arizona activity has included master-planned communities, production homebuilding, land acquisitions, and build-to-rent activity through its Yardly platform.
The deal also comes at a time when housing affordability, land supply, mortgage rates, and institutional capital are shaping housing markets across Arizona. Homebuilders have remained active in high-growth markets such as metro Phoenix, Pinal County, and parts of Southern Arizona, even as buyers face affordability challenges tied to elevated interest rates and construction costs.
For Southern Arizona, the acquisition is another sign of continued national capital interest in the homebuilding sector. While Taylor Morrison’s Arizona headquarters and larger community footprint are concentrated in the Phoenix area, Berkshire Hathaway’s purchase of a major Scottsdale-based builder underscores the strategic value national investors see in housing, land pipelines, and long-term residential demand across the Sun Belt.
The transaction is expected to be funded with Berkshire Hathaway cash. Taylor Morrison said no changes are expected to its customer-facing commitments, and the company will continue operating under its current leadership following the closing.