Berkshire Hathaway Says It's Now America's 4th-Largest Homebuilder. It Also Owns More Than 10% of Lennar.
Berkshire is investing in housing in a big way, despite the industry's many woes.
Overview
Berkshire Hathaway (NYSE: BRKB) recently completed an acquisition that makes it the nation's fourth-largest homebuilder.
This summer, the investment and insurance conglomerate built by Warren Buffett acquired Taylor Morrison, a Scottsdale, Arizona-based community developer and homebuilder, for $6.8 billion. Berkshire said it would merge Taylor Morrison with Clayton Properties Group, a Berkshire-owned collection of 15 regional and local homebuilders.
Details
The two builders together delivered almost 23,000 site-built homes in 2025 in 21 states and 52 housing markets. Berkshire also owns a $2.2 billion stake in homebuilder Lennar (NYSE: LEN), which amounts to about 11% of that company, and small stakes in NVR (NYSE: NVR) and D.R. Horton (NYSE: DHI), two other homebuilders.
Source
Originally published at www.fool.com.