Scully Company

Scully Company

Owns and manages multifamily apartment communities

Overview

Scully Company owns and manages multifamily apartment communities across Florida, Pennsylvania, New Jersey, Massachusetts, and Connecticut, handling both ownership and professional management for institutions, private investors, and its own portfolio. A family-run team uses time-tested standards and local-market strategies, focusing on resident services, maintenance, and leasing to create a stable, well-maintained living environment. The company stands apart through its long-standing, family-led approach that emphasizes personal care, consistent standards, and resident value within a diversified, multi-state portfolio. Its goal is to provide a truly unique residential experience with real resident value and to maintain trusted, long-term relationships while leading in the multifamily industry.

About Scully Company

Simplify's Rating
Why Scully Company is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Real Estate

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Jenkintown, Pennsylvania

Founded

1947

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Simplify's Take

What believers are saying

  • Allentown ranked Zillow's 2025 top-10 housing market, supporting Phoenix Ridge demand.
  • The Witherspoon's 186-unit repositioning expands Scully's Midtown Village managed platform in July 2026.
  • Scully earned 2026 resident-satisfaction and workplace awards, reducing turnover and boosting brand trust.

What critics are saying

  • Phoenix Ridge is only 35% leased, forcing concessions like one month free in August 2026.
  • The Witherspoon conversion from short-term rentals to apartments depends on flawless execution and steady absorption.
  • A weak leasing cycle in Philadelphia or Allentown slows rent growth and pressures portfolio yields.

What makes Scully Company unique

  • Scully Company manages The Witherspoon, Phoenix Ridge, and Orchard Square across Philadelphia-area submarkets.
  • Phoenix Ridge opened July 2026 with 144 units and 35% leased after March occupancy.
  • Scully won Philadelphia Business Journal Best Places to Work 2026, strengthening recruiting credibility.

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Benefits

Health Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Paid Time Off

Paid Holidays

Health Savings Account/Flexible Spending Account

Parental Leave

Pet Insurance

Tuition Reimbursement

Professional Development Budget

Company News

Lehigh Valley Business
Jul 17th, 2026
Scully Company opens 144-unit Phoenix Ridge apartments in Allentown.

Scully Company opens 144-unit Phoenix Ridge apartments in Allentown. Allentown has a new apartment community. Scully Company celebrated the Ribbon Cutting and Grand Opening Celebration for Phoenix Ridge Apartments in Allentown this week. Phoenix Ridge is a new, three-story ground-up construction apartment community made up of four buildings with 144 one-and two-bedroom apartments, The community began occupancy in March and is now 35% leased. Phoenix Ridge is located at 520 W. Cumberland Street, Allentown. According to the developer, this is the first high-end multifamily product in this neighborhood. The gated four-building community was designed by MKSD Architects to blend the benefits of easy and accessible urban living with a quieter, comfortable suburban-style tranquility. Allentown ranked number 10 in Zillow's 20 most popular housing markets in the nation in 2025, as Lehigh Valley real estate continues to grow. "The Allentown community is proving to be an important extension of the Philadelphia region for Scully Company," said Jessica Scully, president of Scully Company. "With a high quality of life and less saturated development, the area is attractive for working professionals. Phoenix Ridge is a great new option for rentals." One-bedroom, one-bathroom apartments are 750-795 square feet, and rent ranges from $1,793-$1,870/month. Two-bedroom, two-bathroom units are between 1,085 and 1,109 square feet and rent ranges from $2,235 to $2,283/month.

PR Newswire
Aug 9th, 2022
Now Leasing: Ambler'S First Apartments In 50 Years

The apartments boast modern home features including keyless entry, stainless steel appliances, chic quartz countertops, and premium wood-plank flooring. "We are proud to bring a new living concept to the Ambler Borough, a geographical location our firm is passionate about developing to its full potential," said Developer John Zaharchuk, Principal at Summit Realty Advisors. Sizes range from 669 square feet to 1,155 square feet, with rents for a one-bedroom apartment starting at $1,870. Two-bedroom apartments are priced at around $2,540

PR Newswire
Jun 15th, 2022
Blackfin Real Estate Investors, LLC sells assets to Scully Company

Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia.

Scully Company
Dec 2nd, 2021
Scully Company acquires Orchardsquareapts

Scully Company is pleased to announce its recent off-market acquisition of Orchard Square Apartments in Langhorne, PA.

Orchard Square Apartments
Dec 2nd, 2021
Scully Company acquires Orchardsquareapts

Scully Company is pleased to announce its recent off-market acquisition of Orchard Square Apartments in Langhorne, PA.

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