Real Estate - Summary of Real Estate Properties (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Real Estate [Line Items] | ||
| Total | $ 413,614 | $ 410,020 |
| Accumulated depreciation and amortization | (37,193) | (26,351) |
| Investments in real estate, held-for-investment | 376,421 | 383,669 |
| In-place lease intangibles | ||
| Real Estate [Line Items] | ||
| Total | 46,119 | 46,104 |
| Building and building improvements | ||
| Real Estate [Line Items] | ||
| Total | 280,988 | 278,269 |
| Land and land improvements | ||
| Real Estate [Line Items] | ||
| Total | 81,034 | 80,911 |
| Furniture, fixtures and equipment | ||
| Real Estate [Line Items] | ||
| Total | $ 5,473 | $ 4,736 |