v3.25.2
Segment Reporting - Summary of Financial Results by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Rental revenue $ 13,236 $ 5,873 $ 21,505 $ 10,950
Total revenues 13,236 5,873 21,505 10,950
Expenses        
Rental property operating 4,436 2,140 7,469 3,932
Income (loss) from investments in real estate debt 2,084 445 3,562 891
Loss from investment in real estate-related and other securities 1,053 5 2,134 11
Segment net operating income (loss) 11,937 4,183 19,732 7,920
Depreciation and amortization (8,132) (2,340) (11,690) (4,298)
General and administrative (1,551) (1,262) (3,198) (2,239)
Mandatorily redeemable instruments interest costs (1,552) (2,729) (2,738) (3,568)
Interest expense (2,992) (1,768) (5,480) (3,358)
Other income, net 2,230 282 4,973 321
Net income (loss) (60) (3,634) 1,599 (5,222)
Net loss attributable to non-controlling interests in consolidated joint ventures (92) (1) (113) (17)
Net income (loss) attributable to JPMREIT stockholders, basic 32 (3,633) 1,712 (5,205)
Multifamily        
Revenues        
Rental revenue 6,350 3,696 10,544 7,336
Total revenues 6,350 3,696 10,544 7,336
Expenses        
Rental property operating 2,684 1,276 4,269 2,582
Income (loss) from investments in real estate debt (0)   (0)  
Segment net operating income (loss) 3,666 2,420 6,275 4,754
Depreciation and amortization (3,127) (1,110) (4,762) (2,212)
Industrial        
Revenues        
Rental revenue 4,487 1,417 6,450 2,851
Total revenues 4,487 1,417 6,450 2,851
Expenses        
Rental property operating 656 247 956 482
Segment net operating income (loss) 3,831 1,170 5,494 2,369
Depreciation and amortization (3,354) (699) (4,303) (1,398)
Single-family rental        
Revenues        
Rental revenue 726 63 1,329 66
Total revenues 726 63 1,329 66
Expenses        
Rental property operating 474 358 958 608
Segment net operating income (loss) 252 (295) 371 (542)
Depreciation and amortization (384) (263) (769) (416)
Retail        
Revenues        
Rental revenue 1,673 697 3,182 697
Total revenues 1,673 697 3,182 697
Expenses        
Rental property operating 622 254 1,286 254
Income (loss) from investments in real estate debt 0      
Segment net operating income (loss) 1,051 443 1,896 443
Depreciation and amortization (1,267) (263) (1,856) (263)
Investments in real estate debt, real estate-related and other securities        
Expenses        
Rental property operating 0 5 0 6
Income (loss) from investments in real estate debt 2,084 445 3,562 891
Loss from investment in real estate-related and other securities 1,053 5 2,134 11
Segment net operating income (loss) 3,137 445 $ 5,696 $ 896
Depreciation and amortization $ 0 $ (5)