Investments in Real Estate - Summary of Purchase Price Allocation for Properties Acquired (Details) $ in Thousands |
6 Months Ended |
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Jun. 30, 2025
USD ($)
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Real Estate [Abstract] | |
Building and building improvements | $ 330,881 |
Land and land improvements | 141,227 |
Furniture, fixtures and equipment | 3,031 |
In-place lease and above market intangibles | 28,270 |
Below market intangibles | (4,211) |
Lease inducement asset | 11,279 |
Deferred rental income | (1,403) |
Total purchase price | 509,074 |
Assumed mortgage note, net | (35,313) |
Net working capital assumed | (3,456) |
Deposit applied | (4,033) |
Contributions from non-controlling interests | (6,772) |
Net purchase price | $ 459,500 |
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- Definition Asset acquisitions purchase price allocation of net working capital assumed. No definition available.
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- Definition Asset acquisition purchase price allocation of real estate properties. No definition available.
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- Definition Asset acquisition recognized Identifiable real estate properties acquired and assumed debt. No definition available.
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- Definition Asset acquisition recognized identifiable assets acquired and liabilities assumed assumed mortgage note net. No definition available.
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- Definition Asset acquisition recognized identifiable assets acquired and liabilities assumed contributions from non-controlling interest. No definition available.
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- Definition Asset acquisition recognized identifiable assets acquired and liabilities assumed deposit applied. No definition available.
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- Definition Building and building improvement purchase price allocation. No definition available.
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- Definition Furniture fixture and equipment purchase price allocation. No definition available.
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- Definition InPlace lease and above market intangible purchase price allocation. No definition available.
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- Definition Land and land improvement purchase price allocation. No definition available.
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- Definition Purchase price allocation below market intangibles. No definition available.
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- Definition Purchase price allocation deferred rental income. No definition available.
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- Definition Purchase price allocation lease inducement asset. No definition available.
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- References No definition available.
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