Greg Abel Closed Berkshire Hathaway's Taylor Morrison Deal on July 24. Here's What Berkshire Owns Now.

Berkshire Hathaway (BRK.B) closed its $8.5 billion acquisition of Taylor Morrison Home on July 24, paying $72.50 per share in new CEO Greg Abel's latest deal. The transaction marks Berkshire's second homebuilder purchase and deepens its exposure across the housing value chain, pairing Taylor Morrison with the conglomerate's existing network of building material and product subsidiaries.

Abel is betting on a housing recovery despite current elevated mortgage rates. The strategy positions Berkshire to monetize multiple stages of the homebuilding process—from materials manufacturing through final home sales—once affordability conditions improve.

The deal represents Abel's continued execution of capital deployment under his tenure as CEO, following Warren Buffett's transition. At $8.5 billion, the Taylor Morrison acquisition ranks among Berkshire's larger recent plays and signals sustained appetite for cyclical, asset-intensive businesses trading at what management views as attractive entry points.

The housing sector faces headwinds from mortgage rates still above 6%, but Berkshire's move suggests confidence that current pricing reflects excessive pessimism about medium-term demand.