Pensio Residential & Commercial Property
So you can rent with Confidence!
Who is Pensio Global?
Pensio Group of Companies (Pensio Global) is a credit risk consulting, management, and rental income guarantee company operating since 2004, specializing in proprietary rental income risk management programs tailored to the residential and commercial rental markets. Pensio is supported by a vast network of strategic relationships in property development, lending, insurance, and management technology. Pensio Global provides risk management consulting services and rental income guarantee programs in 7 countries.
Pensio Global are Participating Members of Rentalis Insurance Company, Inc., a Protected Cell Captive insurance company reinsured by global reinsurers rated A.M. Best A (Excellent) or better.
Rental Income Guarantees for Rental Property Owners
You can never eliminate all tenant risks, but now you can remove most of the financial risk when renting. Pensio's affordable and groundbreaking Lease Co-Guarantee is backed by an insured Rental Income Performance Bond, meaning rent will be paid each month, malicious tenant damage is paid and eviction costs are covered.
Lease Co-Guarantees are ideal for:
Single-Family residential rental properties
Multi-Family residential rental properties
Student rental properties
From 1 to unlimited units
What We Pay
Loss of Rent
We will pay rent on behalf of the tenant who has defaulted on their rent for up to 12 months and $60,000 per unit each year
We will pay for Malicious Damage Court Orders on behalf of a tenant who has defaulted on their payment up to $10,000 per unit each year
We will reimburse legal fees, court fees, and service fees for evictions up to $1,500 per unit each year if a tenant has been served an eviction notice
Rental Income Guarantees for Property Developers and Lenders
Designed to support lenders and their developer clients against absorption risk by eliminating variation or uncertainty in future income through a straight-line guaranteed return, backed by a Rental Income Performance Bond.
Ideal for the following project types:
Pre-construction and completed residential, multi-family and condo properties
Acquisitions of multi-family, condo, hotel, student rentals or senior living projects
From 5 to 200+ Units
Mitigating and Repositioning Assets?
Lender concerns are mitigated through rental income guarantee:
Project Absorption (debt service and loan interest costs, ongoing op-ex during lease-up)
Rental market stability
Project lease-up and stabilization risk
Recourse for the lender (the lender is a named obligee)
Debt service coverage ratio
Repositioning all or an allocation of unit sales to investor purchasers instead of end-users:
Adjusting prices on a cap rate basis can increase unit prices and overall returns
Increased sales velocity
The certainty that if any units remain unsold, they can earn a certain income through the rental income guarantee program, post-occupancy
Rent is Paid for Tenants Who Lose Their Job
Unfortunately, it's never certain that a tenant with great credit history won't lose their job. Pensio Tenants offers Lease Co-guarantees to both tenants and landlords to remove the risk of a tenant losing their job and being unable to pay rent.
Pensio Tenants Pay Your Rent Program can cost as little as $1 a day and will pay the rent directly to the landlord for up to 3 months if the tenant:
is a new or existing tenant
involuntarily lost their employment
has been approved for employment insurance
has worked a minimum of 24 weeks
for Landlords who want to
rent with hassle-free certainty