Sale / Lease back deal Financials
I am currently discussing a triple net deal that will have a medical tenant in the building. This is a sale / lease back deal. I will be entering into a partnership with a real estate investing company with this deal. One thing I have asked for is financials on the tenant. I have been informed that because this tenant is part of a Medical Service Organization (MSO) that the MSO guarantees the lease. The partner and the financial institution will be under writing the MSO. So I am being informed that because its a MSO (private equity) that they will not let me see their financials. Does this sound like a fair assessment? Should I push harder for the numbers? This deal seams to be really good with a return each year and and large pay out when we exit the deal in 5 years. Thank you for your help.