Paul, Weiss is representing homebuilder Stanley Martin Communities in its acquisition of the homebuilding assets of Essex Homes in North Carolina and South Carolina. Financial terms of the transaction, expected to close this month, have not been disclosed.

The Paul, Weiss team includes corporate partner Jeffrey Marell; tax partner Lindsay Parks; employee benefits partner Lawrence Witdorchic; litigation partner Geoffrey Chepiga; real estate partner Peter Fisch; intellectual property partner Claudine Meredith-Goujon; and environmental counsel William O'Brien.