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Old 06-16-2004, 06:48 PM
Firehouse Firehouse is offline
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Join Date: Nov 2002
Posts: 779
Most nationals do not want to own property in the national name. When you see a reference that such-and-such a fraternity "owns" so many millions of dollars in housing, they're likely refering to the total value of property owned by the individual chapter house corporations. Most large nationals have a real estate arm to provide professional assistance and loans to local house corporations. No large national owns all their housing. Many don't own property at all.
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