Summary of Significant Accounting Policies - Summary of Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Assets: | ||
| Investments in real estate debt | $ 1,206,847 | $ 887,186 |
| Fair Value, Recurring | Commercial Real Estate Loans | ||
| Assets: | ||
| Investments in real estate debt | 1,206,847 | 887,186 |
| Total | 1,206,847 | 887,186 |
| Fair Value, Recurring | Level 2 | Commercial Real Estate Loans | ||
| Assets: | ||
| Investments in real estate debt | 121,521 | 73,120 |
| Total | 121,521 | 73,120 |
| Fair Value, Recurring | Level 3 | Commercial Real Estate Loans | ||
| Assets: | ||
| Investments in real estate debt | 1,085,326 | 814,066 |
| Total | $ 1,085,326 | $ 814,066 |