Akron looks to deflate minimum lot size rules to spur infill

Leaders in Akron, a heartland city nearly 40 miles south of Cleveland, hope to shed the city’s “Rust Belt” label and drive its emerging revival by making it easier to build new homes. To achieve the objective, planners believe they’re on the verge of eliminating minimum lot sizes to counteract a shrinking-city paradox. Population loss […]

Berkshire Taylor Morrison deal puts vertical integration in focus

Berkshire Hathaway’s planned acquisition of Taylor Morrison has opened the door for us to explore a set of uber-themed questions: about homebuilders’ present and future valuations, leadership and scale, and to the question that public homebuilder boards may now be asking: whether to build toward greater scale or join it. A related question may be […]

Who can buy a top-20 builder now? Berkshire resets board calculus

Berkshire Hathaway‘s planned acquisition of No. 6-ranked homebuilder Taylor Morrison begs big follow-on questions. These mostly spring from who this particular buyer is and the moment they have chosen. One way or another, these follow-up questions may prompt homebuilding leaders to revisit a core imperative many believed they had solved eons ago. For decades, the […]

Why Taylor Morrison’s integration playbook matters in builder M&A

Flashback Shortly after Sheryl Palmer became chief executive officer of Taylor Morrison in 2007, I met with her in Scottsdale, Arizona, to discuss a challenge that would have intimidated many experienced homebuilding leaders. The company she had inherited was not merely navigating the early stages of what would become the worst housing downturn in modern […]

Pennsylvania ADU bill clears House, heads to Senate

Pennsylvania Gov. Josh Shapiro declared he intended to go big on housing. On Monday, at least one piece of that ambition cleared the state House with a bipartisan vote, setting up a tougher sell in the Republican-controlled Senate. The House passed House Bill 2186, requiring municipalities statewide to allow one accessory dwelling unit per residential […]

Berkshire Taylor Morrison deal focuses on scale and ecosystems

Berkshire Taylor Morrison deal focuses on scale and ecosystems
[Editor’s Note: Berkshire Hathaway‘s planned acquisition of Taylor Morrison is one of those rare transactions whose significance extends well beyond the companies involved. Today’s analysis examines the deal through a broad strategic lens, exploring why Berkshire may be betting not simply on a homebuilder, but on a leadership team, a scalable operating platform and the […]