Karam Financial Group has been involved with real estate management for properties specializing in those age 55+ for more than 10 years. Oakwood Estates, a 120 apartments site in Swansea, MA and North Farm Estates, 90 apartments in Somerset, MA, were managed by The Richman Group when they first opened in the late 1990's, but in March, 2001 Karam Financial Group took over the management of these properties.
In 2005, Karam Financial Group opened and began managing The Northside Village, a 46 apartment site in Dennis, MA and 48 apartments at Westport Village in Westport, MA.
Robert Karam, a general partner in the partnerships for these four senior communities, is also the owner and treasurer of Karam Financial Group and is very involved in the management of the properties. His daughter, Melissa Panchley, has been responsible for their bookkeeping since 2001 and is now the Senior Property Manager, overseeing the day to day management of these four properties. Two of our on-site property managers have been with the company since 2005 or earlier, as well as a number of our maintenance personnel including our Superintendent of Maintenance. All of other maintenance and property management staff have been in place for 4 or more years.
Karam Financial Group is proud of the proven track record of satisfaction with none of our properties ever having more than a 10% vacancy rate, and the average vacancy rate over the last six years has been less than 2%. We encourage you to visit any of these properties and review the testimonials on this website which support our continuing efforts to provide the very best in senior apartment living.