Taylor Morrison
An American homebuilding company developing homes and residential communities across multiple U.S. markets.
Last updated August 25, 2026
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Overview
Taylor Morrison Home Corporation is a major American homebuilder headquartered in Scottsdale, Arizona. The company develops and sells residential communities across a broad U.S. footprint, serving buyers ranging from entry-level and first-time purchasers to move-up, luxury, and resort-oriented customers. Its activities include land acquisition, community planning, home design, construction, sales, and related customer services. In addition to conventional for-sale housing, Taylor Morrison has expanded into rental-oriented residential development, including build-to-rent communities and multifamily projects. The modern Taylor Morrison organization emerged from the combination of the U.S. operations associated with Taylor Woodrow and Morrison Homes. Their parent companies, Taylor Woodrow plc and George Wimpey plc, combined in 2007 to form Taylor Wimpey plc. The U.S. homebuilding operations continued under their established names for a period before adopting the Taylor Morrison identity in 2008. The brand therefore combines the history of two older housing businesses: Taylor Woodrow, established in England in 1921 by Frank Taylor and Jack Woodrow, and Morrison Homes, founded in Seattle in 1905 by C. G. Morrison. Morrison Homes developed a significant presence in U.S. growth markets, including Arizona, California, Colorado, Florida, and Texas, with a focus on first-time and middle-market housing. Taylor Woodrow had broader roots in residential development and general construction, with historical activities in the United Kingdom, Canada, and other markets. The merger brought these operating histories together under a new U.S. homebuilding platform. In 2011, Taylor Morrison became a wholly owned subsidiary of TMM Holdings Limited Partnership, which was indirectly associated with investment funds managed by TPG Capital, Oaktree Capital Management, and JH Investments. The company completed an initial public offering on the New York Stock Exchange in 2013, selling approximately 28.6 million shares and raising approximately $526 million, according to the cited historical account. At the time of the offering, it was described as the sixth-largest U.S. homebuilder by revenue. Taylor Morrison's business is organized around regional housing markets and differentiated community concepts. Its portfolio includes detached single-family homes, attached housing in selected markets, master-planned communities, and higher-end or lifestyle-oriented developments. The Esplanade brand is used for resort-style communities designed around amenities and active-adult or lifestyle preferences. The Yardly brand is associated with build-to-rent projects, including apartments and single-family rental homes. These offerings allow the company to participate in both traditional home sales and the growing institutional rental-housing segment. The company's market position is generally associated with professionally planned communities, broad product segmentation, and exposure to high-growth U.S. metropolitan and suburban markets. Its performance is influenced by mortgage rates, employment, household formation, land costs, construction expenses, housing affordability, local permitting, and regional demand. As with other public homebuilders, Taylor Morrison's results can vary substantially with the housing cycle. Taylor Morrison remains an active U.S. residential developer and homebuilder. The supplied reference material also describes a 2024 dispute involving a request to review or remove home-inspection videos concerning Taylor Morrison homes; the request was reportedly denied after the videos were deemed accurate and truthful. That episode is included as a company-related controversy rather than as evidence of a broader corporate finding.
History
Taylor Morrison's corporate history combines two housing businesses with substantially older origins. Taylor Woodrow was founded in 1921 in Blackpool, England, by Frank Taylor and Jack Woodrow. It initially focused on modest, lower-cost housing before diversifying into broader construction work, including temporary hospitals and other projects. The company later expanded into Canada through the acquisition of Monarch Development Corporation in 1936 and developed interests in mortgages, land, apartments, retail property, and housing. For much of the period from the end of the Second World War through the early 2000s, general construction was more significant to Taylor Woodrow's parent group than residential building. Morrison Homes traced its origins to Seattle, where C. G. Morrison founded the business in 1905. The company moved to northern California in 1946 and subsequently concentrated on residential communities for first-time and middle-market buyers. Its U.S. market presence included Phoenix, Sacramento, Denver, Fort Myers, Jacksonville, Orlando, Sarasota, Tampa, Austin, and Houston. George Wimpey plc acquired Morrison Homes in 1984, when the company was based in San Francisco. George Wimpey's later acquisition of Richardson Homes in 2001 was integrated under the Morrison name, strengthening its U.S. housing platform. A major corporate restructuring occurred in 2007. On July 6, Taylor Woodrow plc and George Wimpey plc combined to create Taylor Wimpey plc, bringing the two U.S. housing operations into the same parent structure. Taylor Woodrow's and Morrison Homes' businesses initially retained their existing identities, but began operating under the Taylor Morrison name in 2008. The new brand represented the consolidation of the two residential platforms rather than the creation of an entirely new construction business. In July 2011, Taylor Morrison became a wholly owned subsidiary of TMM Holdings Limited Partnership. The supplied historical account identifies investment funds separately managed by TPG Capital, Oaktree Capital Management, and JH Investments as indirect owners or sponsors of that structure. The company subsequently pursued a public-market strategy. Its 2013 New York Stock Exchange offering reportedly consisted of about 28.6 million shares and generated approximately $526 million. The company was characterized at the time as one of the largest U.S. homebuilders by revenue. Taylor Morrison's later development has centered on geographic expansion, product segmentation, and participation in both for-sale and rental housing. It operates in twelve U.S. states according to the supplied reference material and builds homes ranging from entry-level products to higher-end residences. Its community portfolio includes conventional suburban developments, master-planned projects, resort-style communities under the Esplanade brand, and build-to-rent apartments and single-family homes under the Yardly brand. The company's operating model reflects the economics of large-scale residential development. Taylor Morrison typically controls or acquires land, obtains entitlements, plans communities, builds homes in phases, and sells finished residences through local operations. Demand and profitability are affected by interest rates, mortgage availability, housing affordability, labor and material costs, local regulations, land pricing, and regional population growth. Its use of multiple brands and housing formats gives it exposure to different customer groups, but also exposes it to the cyclical nature of U.S. housing markets. In 2024, the company was involved in a dispute over online home-inspection videos. The supplied reference material says that Taylor Morrison asked an Arizona state board to review or remove videos produced by CyFy Home Inspections and that the request was rejected because the videos were considered accurate and truthful. The episode is notable as a reputational and communications issue, although the available material does not establish a broader finding of misconduct. The supplied material additionally reports a Berkshire Hathaway acquisition announcement dated May 31, 2026, for $8.5 billion in cash. Because that date is future-dated relative to much commonly available historical reporting and the transaction's status is not independently established here, it should be treated as requiring verification rather than as a confirmed completed change of ownership.
- 2024
Arizona inspection-video request is denied
[1]A request concerning CyFy Home Inspections videos is reportedly denied after the material is deemed accurate and truthful.
- 2013
Taylor Morrison goes public
[1]The company completes a New York Stock Exchange initial public offering.
- 2011
Taylor Morrison becomes a subsidiary of TMM Holdings
[1]Taylor Morrison becomes wholly owned by TMM Holdings Limited Partnership, an investment-backed holding structure.
- 2008
The Taylor Morrison brand is introduced
[1]The U.S. housing operations begin adopting the Taylor Morrison name after operating under their predecessor brands.
- 2007
Taylor Woodrow and Morrison Homes enter a common corporate structure
[1]Taylor Woodrow plc and George Wimpey plc combine to form Taylor Wimpey plc, bringing their U.S. residential operations together.
- 2001
Richardson Homes is integrated under Morrison
[1]Following George Wimpey's acquisition of Richardson Homes, the business is integrated under the Morrison brand.
- 1984
George Wimpey acquires Morrison Homes
[1]George Wimpey plc acquires Morrison Homes, bringing the U.S. homebuilder into the group that later participates in the Taylor Morrison combination.
- 1936
Taylor Woodrow enters Canada
[1]Taylor Woodrow expands into the Canadian construction and real-estate market through the acquisition of Monarch Development Corporation.
- 1921
Taylor Woodrow is founded
[1]Frank Taylor and Jack Woodrow establish Taylor Woodrow in Blackpool, England.
- 1905
Morrison Homes is founded
[1]C. G. Morrison establishes the housing company that later becomes one of the predecessors of Taylor Morrison.
Products and positioning
A large, multi-market U.S. homebuilder spanning entry-level, move-up, higher-end, lifestyle, resort-style, and rental-oriented residential communities.
For-sale residential construction · 2008
Taylor Morrison new homes
Taylor Morrison develops and sells newly built homes in planned communities across its U.S. operating markets. The portfolio spans entry-level and first-time-buyer homes, move-up residences, and higher-end products. Homes are generally delivered through phased community development, with designs, floor plans, amenities, and pricing adapted to local market conditions.
Resort-style residential communities
Esplanade
Esplanade is Taylor Morrison's resort-style community brand. These developments emphasize lifestyle amenities and community facilities in addition to the homes themselves. The concept is intended for buyers seeking an amenity-rich residential setting, including active-adult and other lifestyle-oriented segments where offered.
Build-to-rent housing
Yardly
Yardly is associated with Taylor Morrison's build-to-rent platform. It covers rental-oriented communities that can include purpose-built single-family rental homes and apartment developments. The brand allows Taylor Morrison to participate in professionally managed rental housing rather than relying exclusively on one-time sales of newly constructed homes.
Controversies
2024
Dispute over CyFy Home Inspections videos
Taylor Morrison reportedly requested Arizona state-board review or removal of videos by CyFy Home Inspections concerning Taylor Morrison homes. The request was denied after the videos were considered accurate and truthful. The available material does not establish a wider corporate scandal or wrongdoing.
Brand decisions
2026
Reported Berkshire Hathaway acquisition agreementM&ABackground
The supplied reference material reports a proposed cash acquisition of Taylor Morrison by Berkshire Hathaway.
Action taken
Berkshire Hathaway reportedly announced an agreement to purchase the company for $8.5 billion in cash.
Aftermath
Completion, regulatory status, and final ownership are not established in the available material and require independent verification.
Reported purchase price. $8.5 billion in cash (Announcement dated May 31, 2026)
2013
Complete a public-market offeringOtherBackground
After operating within an investment-backed private holding structure, Taylor Morrison pursued access to public equity markets.
Action taken
The company listed on the New York Stock Exchange through an offering of approximately 28.6 million shares.
Aftermath
The offering reportedly raised approximately $526 million and made Taylor Morrison a publicly traded homebuilder.
IPO proceeds. $526 million (2013 initial public offering)
2008
Adopt the Taylor Morrison identityStrategyBackground
The U.S. residential operations of Taylor Woodrow and Morrison Homes were brought together following the 2007 parent-company merger.
Action taken
The businesses began operating under the Taylor Morrison brand while moving away from their predecessor identities.
Aftermath
The new name became the principal identity for the combined U.S. homebuilding platform.
Recent events
Reported
Offerpad and Taylor Morrison expand partnership[3]
Offerpad and Taylor Morrison announced an expansion of their relationship, which enables homeowners selling to Offerpad to access equity and transition to a Taylor Morrison new-build home.
Reported
Taylor Morrison reports record June sales performance[4]
Taylor Morrison reported its June 2020 sales performance, including 1,715 net sales orders, up 94% year over year, and a monthly sales pace of 4.3, its highest in company history.
Reported
Taylor Morrison exits the Chicago-area market[5]
Taylor Morrison sold 232 suburban lots in eight subdivisions, including model homes at four subdivisions, to M/I Homes, effectively exiting the Chicago-area market. Taylor Morrison said it did not plan future developments in the Chicagoland market for the foreseeable future.
Sources5 sources
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