Development Team

The mission of Karam Property Management is to make a positive difference in the quality of life of our residents through professional management and a caring, knowledgeable staff who are committed to enhancing the lives of our residents by promoting the health, independence, companionship, confidence, and empowerment of our residents. Our purpose is to provide a safe, secure, care-free, and friendly environment for our residents in a respectful, professional, pleasant, and accommodating manner.
 
Karam Financial Group’s real estate management branch, Karam Property Management, has been involved in real estate management of properties specializing in residents age 55+ for more than 20 years. Oakwood Estates, 120 apartments in Swansea, MA, and North Farm Estates, 90 apartments in Somerset, MA, have been managed since March 2001 by Karam Property Management. In 2005, Karam Property Management opened and began managing The Northside Village, 46-apartments in Dennis, MA and 48 apartments at Westport Village in Westport, MA.

In 2021, Karam Property Management expanded its portfolio by renovating the 34 market-rate residences in a Fall River historical property now known as The Residences at Adams House. In 2022, KPM opened 49 new market rate residences in Fall River, The Residences at River’s Edge. These properties have expanded Karam Property Management’s portfolio by adding upscale, market-rate residences for all ages.

Robert Karam, a general partner in the partnerships for these six communities, engages 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 six properties. Two of our on-site property managers have been with the company since 2005, as well as most of our maintenance personnel including our Superintendent of Maintenance who has been with KPM since 2001.

Karam Financial Group is proud of the proven track record of satisfaction with all of our properties having at least 90% occupancy.  In fact, the average occupancy rate over the last 20 years has been at least 98%.  We invite you to visit any of these properties to see firsthand why KPM is a leader in residential property management on the South Coast of Massachusetts.