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US: Investment giant Berkshire Hathaway has acquired US housebuilder Taylor Morrison, the parent company of BTR operator Yardly.
The offer values Taylor Morrison at $72.50 per share, a 24 per cent premium to the company’s closing price of $58.50 on May 29, 2026. The transaction implies an equity value of approximately $6.8 billion and a total enterprise value of roughly $8.5 billion.
The deal is expected to close in the second half of 2026, pending shareholder and regulatory approvals, after which Taylor Morrison will be taken private and delisted from the New York Stock Exchange.
Taylor Morrison is the sixth largest housebuilder in the US.
Its BTR division Yardly operates 5,411 units across 26 rental communities across Arizona, Florida, North Carolina and Texas.
In July last year, Taylor Morrison and Kennedy Lewis Investment Management (KLIM) entered into a financing facility agreement providing $3 billion (£2.3 billion) in capacity for land and construction financing to support Yardly.
Highlights:
- Investment giant Berkshire Hathaway has acquired US housebuilder Taylor Morrison, the parent company of BTR operator Yardly
- Taylor Morrison is the sixth largest housebuilder in the US
- Its BTR division Yardly operates 5,411 units across 26 rental communities across Arizona, Florida, North Carolina and Texas
