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Fifth Point Properties, LLC

Fifth Point Properties, LLC, a wholly-owned subsidiary of Sigma Nu Fraternity, Inc., was launched in August 2003 with the goal of improving the quality of chapter housing available to chapters of Sigma Nu Fraternity. Through a combination of support and advising services for house corporations, relationships with third-party service providers, and direct investment, Fifth Point Properties provides a broad spectrum of support for house corporations and chapters.

With so many chapter facilities in need of repair, remodeling, upgrade of life-safety and technology systems, the work necessary to maintain a long-term property management and improvement strategy can be daunting for a team of volunteers with family and career responsibilities. Fifth Point Properties can provide experience, manpower, and other resources to supplement or compliment existing volunteer teams.

Our Story

In the spring of 2003, Sigma Nu Fraternity, Inc.'s High Council and Trustees came together to decide the future that housing would play in Sigma Nu's operations. The discussions surrounded around the pros and cons of becoming more involved in real estate and undergraduate housing as well as the current state of the Fraternity's loan program.

It was decided that for the Fraternity to be successful in real estate that it needed to be operated as an independent business oriented entity that could focus exclusively on growing sustainable housing operations and a performing loan program.

The Fraternity's venture into the real estate area was the launch of a wholly-owned subsidiary in August 2003 called Fifth Point Properties, LLC with the main goal of improving the quality of chapter housing available to the chapters of Sigma Nu Fraternity. Through a combination of support and advising services for house corporations, relationships with third-party service providers, and direct investment, Fifth Point Properties provides a broad spectrum of support for house corporations and chapters.

With so many chapter facilities in need of repair, remodeling, upgrade of life-safety and technology systems, the work necessary to maintain a long-term property management and improvement strategy can be daunting for a team of volunteers with family and career responsibilities. Fifth Point Properties can provide experience, manpower, and other resources to supplement or compliment existing volunteer teams.

Mission

To facilitate the improvement of the Fraternity's collective housing stock while developing a source of financial strength and competitive advantage for the Fraternity.

Vision

Our vision is to see ...

    • Quality of housing as a recognized competitive advantage for all Sigma Nu chapters with housing facilities.
    • A strengthened financial platform for the Fraternity.
    • Improved volunteer opportunities through relieved burdens on house corporation volunteers.

 

For more information about how Fifth Point Properties, LLC may be of assistance, contact us at (540) 463-1869 or headquarters@sigmanu.org

© 2015-2016 Sigma Nu Fraternity, Inc.
9 North Lewis Street, P.O. Box 1869, Lexington, Virginia 24450
Phone: 540.463.1869 | Fax: 540.463.1669 | Email: headquarters@sigmanu.org

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