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Here's a thought. Have a lawyer (Preferably LXA) set up a corporation that owns real estate. Make the shares in the corporation eligible for retirement accounts - IRA's, 401k, etc. Market the shares to other LXA brothers.
There's a lot of LXA alums (like 150,000?) and quite a few would be willing to risk 5 or 10 thousand of their retirement money to see another building stay in the fraternity. Somebody is going to own these buildings, it might as well be brothers.
An alternative would be to sell to a sorority. Sororities like fraternity houses until they get too big and want to build. The typical sorority is 70 members (fraternities is 40) and their nationals have great housing corps that build fine new houses.
You can sell the house with the first rights to buy it back in a few years, when the sisters outgrow and build their new house. Yhey'll be glad to have a willing future buyer.
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