Construction

PRE-CONSTRUCTION NEW BUILD ALTERNATIVE RISK AND MARKETING STRATEGY

The Pensio Global Group of Companies is currently active in 4 countries with Developers.   Our core-pre-construction business is providing a property risk management program in partnership with Developers of pre-construction condos, multifamily, and vacation properties, whereby Pensio makes available to the investor buyers in development, a five-year rent guarantee, fully supported by a rental income Performance Bond issued by Rentalis Insurance Company, Inc., a Protected Cell Captive reinsured by global reinsurers rated AM Best A or Better. Pensio is a Participating Member of Rentalis Insurance Company.

This rental income program provides developers and lenders with a market advantage certainty that a completed unit can be sold or can earn a certain income and provides buyers with true investment value.

Before you start trying to work out which direction the property market is headed, you should be aware that there are markets within markets
-Paul Clitheroe-

Purchase Agreement

 

Buyer enters into a Purchase Agreement with Seller to acquire a pre-construction new build residence with optional property management and guaranteed rent.

 

The Purchase Agreement includes the following Pensio schedules; the optional Pensio 5-year Property Management Agreement, Performance Bond, and Purchaser’s Indemnity Acknowledgement.

 

Indemnity 

 

The Buyer, if opting into the Pensio Property Management Bonded Rent Program, must execute an acknowledgement to indemnify the Seller from any liability relating to the Pensio property management and guaranteed rent.

Pensio Property Management Agreement

The optional Pensio Property Management Agreements contain terms and conditions, including the guaranteed rent amount payable monthly. Guaranteed rent begins 90 days after possession for a 5 year term.  

Performance Bond

 

Each owner when opting into the Pensio program will be provided with a Performance Bond.  

 

The Performance Bond insured by Rentalis Insurance Company, Inc. is one-hundred percent reinsured by global reinsurers rated AM Best A or Better.

 

The Performance Bond is a surety supporting the terms of the Pensio Property Management Agreement and guaranteed rent payable.

Unit Retention

The developer can elect to retain the residential unit if units remain unsold and take advantage of the Pensio property management and guaranteed rents. 

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HOW IT WORKS

The optional 5-year Pensio property management program which pays guaranteed rent on the last day of each month to an investor buyer regardless of whether the rental residence is vacant or the tenant has defaulted on rent. A compelling marketing and sales strategy for decisions when pitching to a buyer.

PROPERTY MANAGEMENT PROGRAM

Apartment Building
Property Management
Stacks of Coins
Rent Guarantee
Handyman on the Phone
Tenant Damage
Judge and Gavel
Evictions
Apartment Building

 Getting peace-of-mind with rent guarantees designed to to make sure an investment is worth the money.  Financing your development or making  sales in the New Now will be easier!

SOLD!

Building Construction
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