BRK-B · News · 20261015N
Homebuilding Portfolio Expansion
BERKSHIRE HATHAWAY INC · 2026-10-15 · Importance 65 · Surprise 60 · From source text
Berkshire agreed in late May to acquire Taylor Morrison, the sixth-largest U.S. homebuilder, in a cash transaction valued at $6.8 billion of equity and approximately $8.5 billion including debt. The Taylor Morrison acquisition closed in July 2026 and expanded Berkshire’s direct U.S. homebuilding exposure. Berkshire’s Clayton Properties Group also acquired South Carolina builder McGuinn Homes through its Mungo Homes subsidiary in early July. During the third quarter, Berkshire increased its Lennar position by 94% and now owns approximately 11% of the U.S. homebuilder.
Key facts
- In late May Berkshire agreed to acquire Taylor Morrison in a cash deal worth $6.8 billion in equity and about $8.5 billion including debt. source
- In the third quarter, Berkshire nearly doubled its position in Lennar by increasing its holdings by 94%. source
- Greg Abel succeeded Warren Buffett as CEO of Berkshire Hathaway on Jan. 1. source
- In early July, Mungo Homes, part of Berkshire's Clayton Properties Group, acquired South Carolina builder McGuinn Homes. source
- The Berkshire Hathaway acquisition of Taylor Morrison closed in July. source
- Berkshire Hathaway now owns roughly 11% of Lennar according to SEC filings. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | +0.6% | In late May Berkshire agreed to acquire Taylor Morrison in a cash deal worth $6.8 billion in equity and about $8.5 billion including debt. |
| cash | negative | committed | -0.5% | In late May Berkshire agreed to acquire Taylor Morrison in a cash deal worth $6.8 billion in equity and about $8.5 billion including debt. |
| liability | negative | committed | -0.1% | In late May Berkshire agreed to acquire Taylor Morrison in a cash deal worth $6.8 billion in equity and about $8.5 billion including debt. |
| assets | positive | realized | — | In the third quarter, Berkshire nearly doubled its position in Lennar by increasing its holdings by 94%. |
| assets | positive | realized | — | In early July, Mungo Homes, part of Berkshire's Clayton Properties Group, acquired South Carolina builder McGuinn Homes. |