1. The Legacy Companies in Nashville bought Elements of Chattanooga, a 340-unit apartment complex built in 1987 at 7310 Standifer Gap Road, for $35.9 million in October.
2. West End Property LLC in Chattanooga bought the former Alstom Power Inc. properties on Riverfront Parkway, formerly used for power plant equipment production, for $30 million from GE in May.
3. Ascent Hospitality of Buford, Georgia bought the city-owned Chattanooga Hotel, a 199-room hotel and conference center built in 2001 at 1201 Broad for $27 million.
4. Timberland Partners of Minneapolis, Minnesota bought Villas At Oak Crest, a 208-unit apartment complex built in 1984 at 7255 Lee Highway, for $21.25 million in April.
5. Timberland Partners and LEM Capital in Philadelphia bought Ridgemont Apartments, a 266-unit apartment complex built in 1988 at 20 Mason Drive in Red Bank, for $20.95 million in August.