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.