Embrey, a real estate investment company, completed the acquisition of a 343-unit multifamily community project in North Carolina. Financial terms were not disclosed. "University City has a strategic vision that will continue the momentum of being a highly sought-after place to live. This project embodies Embrey's purpose of creating communities where residents enjoy premium living and luxurious amenities to fit active lifestyles," Brad Knolle, Embrey Executive Vice President of Development.