Chattanooga apartment complex sells for $45 million

Staff Photo by Dave Flessner / The 296-unit Ascent at Signal Mountain apartment complex on Mountain Creek Road, seen Thursday, was purchased last week by a real estate partnership formed by Makor Management LLC in Needham, Massachusetts.
Staff Photo by Dave Flessner / The 296-unit Ascent at Signal Mountain apartment complex on Mountain Creek Road, seen Thursday, was purchased last week by a real estate partnership formed by Makor Management LLC in Needham, Massachusetts.

For the second time in the past three years, one of Chattanooga's biggest apartment complexes has been purchased by a national real estate investment firm.

Ascent

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