Frequently Asked Questions

They are not included in this investment opportunity. The offering currently includes five properties: the Hyatt Hotel, Fraser Centre Retail, The Scholar Hotel, the Marriott Courtyard, and the Marriott Residence Inn.

The minimum investment is $5,000.00.  The maximum total amount that may be raised under the offering is $75,000,000. Once this amount is reached, the offering will be closed.

Additionally, while there is no limit to the amount an accredited investor can invest in the offering (subject to the $75,000,000 offering limit), non-accredited investors may only invest up to the greater of 10% of their annual income or 10% of their net worth (if such investor is a natural person) or the greater of 10% of their annual revenues or 10% of their net assets based on the investor’s most recent fiscal year end (if such investor is a business or other entity). These caps on non-accredited investors apply to the total amount invested during the lifetime of the offering and are not reset annually to allow for additional investments in future years once these caps are met.

The specific details of the Club benefits are still being finalized.  Overall, the goal is to provide the investors/members with the following benefits:

• Preferred Reservations
• Room Upgrades
• Dining Discounts
• Early Access to High Demand Weekends
• Access to Exclusive Events at the Hotels

In addition to properties included in the investment offering, the plan is to include other Scholar properties as part of the Owners Club.  This would include the Nittany Lion Inn, The Penn Stater Hotel and the Nittany Residence Club. 

Following the acquisition of the identified properties by Scholar Hospitality Holdings I LLC, the loyalty and benefit program is expected to commence thereafter, although timing may vary.  The goal is for Scholar Hospitality Holdings I LLC to acquire the properties before December 31, 2026 with the Scholar Owners Club taking shape in early 2027. 

Additional properties may be included in the loyalty program at the discretion of the Manager. Properties may also be added to or removed from the program at any time.

This FAQ is for informational purposes only and is qualified in its entirety by the offering circular and related documents. Prospective investors should carefully review the offering materials, including the risk factors, before making an investment decision.

This communication is being made pursuant to Rule 255 under Regulation A of the Securities Act of 1933, as amended, for the purpose of determining whether there is interest in a potential securities offering. No money or other consideration is being solicited or will be accepted, and no securities are being offered or sold, at this time. Offers to buy cannot be accepted and no part of the purchase price may be received until an offering statement on Form 1-A has been filed with and qualified by the U.S. Securities and Exchange Commission. Any indication of interest may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance is given after the qualification date. An indication of interest does not constitute an offer to buy securities and does not obligate or commit any person to purchase securities or take any other action. If an offering statement is filed and qualified, a copy of the offering circular will be available at scholarhh.com, or may be obtained by contacting Gary Brandeis, Managing Member, Scholar Hospitality Holdings I, LLC, at scholarhh@scholarhotels.com.