Subsequent Events	3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]
Subsequent Events	Note 10. Subsequent Events In preparing these consolidated financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the filing of this Quarterly Report on Form 10-Q. The following subsequent events were identified for disclosure: Share Issuance As of April 1, 2025, the Company sold 650,150 Shares at a price per Share of $25.01 (with the final number of shares being determined on April 16, 2025) to accredited investors in a private placement of Shares for an aggregate purchase price of $16,260,250. Distributions On April 15, 2025, the Company paid the dividend of $0.14 per share to shareholders of record as of March 31, 2025, for a total amount of $381,308. Other Activity On April 2, 2025, the Company repaid its $13,000,000 of gross outstanding borrowings to KeyBank. The Company had $0 of gross outstanding borrowings to KeyBank as of the date of filing. On May 5, 2025, the Company entered into a loan servicing agreement with Alter Domus (US) LLC (“AD” or “Servicer”), a Delaware limited liability company, pursuant to which AD will provide servicing and administrative functions for the Company’s portfolio of loans. On May 5, 2025, the Company entered into the First Amendment to the Loan and Security Agreement dated February 28, 2025, by and among LAGO Evergreen SPE, LLC, as borrower, the Company, as servicer and as originator, LAGO Asset Management, LLC, as investment manager, the lenders and KeyBank National Association, as syndication agent and as agent for the lenders. The First Amendment to the Loan and Security Agreement amends the Loan and Security Agreement to, among other things, add Alter Domus as the entity responsible for the provision of certain servicing and administrative functions under the Loan and Security Agreement.

Subsequent Events

3 Months Ended

Mar. 31, 2025

Note 10. Subsequent Events

In preparing these consolidated financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the filing of this Quarterly Report on Form 10-Q. The following subsequent events were identified for disclosure:

Share Issuance

As of April 1, 2025, the Company sold 650,150 Shares at a price per Share of $25.01 (with the final number of shares being determined on April 16, 2025) to accredited investors in a private placement of Shares for an aggregate purchase price of $16,260,250.

Distributions

On April 15, 2025, the Company paid the dividend of $0.14 per share to shareholders of record as of March 31, 2025, for a total amount of $381,308.

Other Activity

On April 2, 2025, the Company repaid its $13,000,000 of gross outstanding borrowings to KeyBank. The Company had $0 of gross outstanding borrowings to KeyBank as of the date of filing.

On May 5, 2025, the Company entered into a loan servicing agreement with Alter Domus (US) LLC (“AD” or “Servicer”), a Delaware limited liability company, pursuant to which AD will provide servicing and administrative functions for the Company’s portfolio of loans.

On May 5, 2025, the Company entered into the First Amendment to the Loan and Security Agreement dated February 28, 2025, by and among LAGO Evergreen SPE, LLC, as borrower, the Company, as servicer and as originator, LAGO Asset Management, LLC, as investment manager, the lenders and KeyBank National Association, as syndication agent and as agent for the lenders.

The First Amendment to the Loan and Security Agreement amends the Loan and Security Agreement to, among other things, add Alter Domus as the entity responsible for the provision of certain servicing and administrative functions under the Loan and Security Agreement.