Beta Omicron Chapter alumnus David D. Morgan, Sr. has been named to a 3-year term to the Pi Kapp Properties Board. As a separate affiliate of the Fraternity, PKP Properties is governed by a board of ten alumni volunteers. Invariably, these individuals have real estate, banking and legal expertise.
Pi Kappa Phi Properties is an incorporated entity with the sole purpose of providing housing and management expertise for chapters of Pi Kappa Phi Fraternity. The Fraternity believes housing can be a tremendous educational resource and, when utilized correctly, can play an important role in ensuring the long-term strength of a chapter. “The chapter house is the physical structure that facilitates fellowship,” Morgan said. “It builds brotherhood and is an unmatched recruitment tool, central to the chapter.”
Since its incorporation in 1966, PKP Properties has acquired houses through purchase or administration of lease relationships with university facilities. Presently, PKP Properties in focusing on providing housing for newly chartered (and existing) chapters and is committed to assisting in the creation of local Housing Corporations and finding solutions to living arrangements. Morgan noted two chapters close in proximity to NSU that are utilizing the services of PKP Properties: LSU and Texas State. Morgan wants to use his experience on the national board to benefit students at NSU. “I’m learning how it [housing] works elsewhere in the country. I wanted to bring this knowledge of similar-sized institutions and chapters back to Beta Omicron,” he said. The corporation has assets in excess of $6 million held in 10 properties across the country.
Morgan has previously served six years on the Pi Kappa Phi Foundation Board. He is currently the President of the Beta Omicron Alumni Housing Corporation. The chapter purchased their current house, with the help of generous alumni, in 2001. “Alumni support is critical. It engages them to uphold their commitment to lifelong brotherhood,” Morgan said. It has been managed by the alumni chapter since that time.