lambda chi
by: .Has anyone else been hearing that lambda chi is coming back lately?
#1 by: No
Lambda Chi will be coming back fall 2018. Lambda Chi Nationals however, is not allowing them to take back their house. They worked out an agreement where ZBT will purchase the house when their lease is up fall 2018. LXA Nationals won't allow them back in the house after the tragedy that occurred several years back. Also since they would be brand new they would not be able to fill a house that could fit 100+ brothers and couldn't even afford it. They are planning on taking their money and potentially building on campus by knocking down some houses near AOPi ATO and Chi Phi and building a decent sized house, probably the size of Kappa Sig. I know this from my brother being a Lambda Chi here when they were kicked off and he's trying to help get their charter back on campus now
Comment#4 by: senior
Look, I'm not looking for a fight, and I have nothing against ZBT. Some people on this site are probably finance majors. It doesn't make sense that LXA would sell their house to a fraternity with nothing more than a membership large enough to make mortgage payments. I'm sure LXA owes money and would want cash up front. As far as LXA being successful coming back, they were successful for years and no freshmen remember what happened. Both Fiji and Beta colonized with 100 members I think. Look how fast ATO and Pike came right back with big numbers and housing. I'm not against ZBT; I just don't buy the sales story.
by: Lol Sep 26, 2015 2:24:38 PM
Neither Fiji nor beta colonized with 100 members, & neither of them have 100 members right now after 2-4 pledge classes. Fiji has tops 50-60 guys including this pledge class
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by: SeniorSep 26, 2015 6:41:07 PM
It's in ZBT's lease that lambda chi has to sell the house to them at a fair market price before anyone else. If they can't get the money together for the down payment then it will go up for sale to other fraternities. I'm sure lambda chi would like to move back into that house, but that would be a PR disaster as previously stated.
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by: GuestSep 26, 2015 3:07:06 AM
The house is only like $3million and ZBT has like 160-170 brothers now so paying for it in 2-3 years won't be a problem for them. Lambda chi won't be able to get a lot of people to join the fraternity at first so there's no way they could fill the house, which is why LXA nationals worked out their contract to just sell it to ZBT once their lease is up. You're saying ZBT can't afford it, how the hell will Lambda Chi fill a 100 person house to afford it?
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