Lender requiring tenant tax returns - Advice?

[Virgil Nunnemaker]

Can a commercial lender require tenant tax returns as a condition of financing a commercial real estate deal if that tenant is not a party to the transaction beyond an existing lease agreement?

[Darren Eady]

A lender can ask for almost anything if they feel the file warrants it.  The request for a tenants tax return is odd, but not unreasonable, depending on the situation.  The lender wants to make sure you get paid, so they will get paid.  It sounds like this will be a pain, but they are also looking out for YOU.