v3.26.1
Schedule III - Real Estate and Accumulated Depreciation (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
Property
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 60    
Encumbrances $ 365,641    
Initial Cost - Land and Land Improvements 344,419    
Initial Cost - Building and Building Improvements 823,199    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements 684    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements 21,220    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 345,103    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 844,419    
Gross Amounts at which Carried at the Close of Period, Total 1,189,522 [2] $ 374,981 $ 277,945
Accumulated Depreciation $ (36,901) [2] $ (13,074) $ (5,390)
Multifamily Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 16    
Encumbrances $ 300,049    
Initial Cost - Land and Land Improvements 141,385    
Initial Cost - Building and Building Improvements 504,080    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements 274    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements 5,314    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 141,659    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 509,394    
Gross Amounts at which Carried at the Close of Period, Total [2] 651,053    
Accumulated Depreciation [2] $ (20,732)    
Multifamily Property | Bass Lofts | Atlanta, GA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 14,902    
Initial Cost - Land and Land Improvements [1] 6,233    
Initial Cost - Building and Building Improvements [1] 28,002    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 272    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 6,233    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 28,274    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 34,507    
Accumulated Depreciation [1],[2] $ (936)    
Year Built/Last Renovated [1] 1923    
Year Acquired [1] 2025    
Multifamily Property | Baker Chocolate Factory | Boston, MA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 23,500    
Initial Cost - Land and Land Improvements [1] 8,546    
Initial Cost - Building and Building Improvements [1] 32,130    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 198    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 8,546    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 32,328    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 40,874    
Accumulated Depreciation [1],[2] $ (322)    
Year Built/Last Renovated [1] 1980    
Year Acquired [1] 2025    
Multifamily Property | Charleston Darby Portfolio | Charleston, SC      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 5    
Encumbrances [1] $ 59,728    
Initial Cost - Land and Land Improvements [1] 36,475    
Initial Cost - Building and Building Improvements [1] 46,871    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 453    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 36,475    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 47,324    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 83,799    
Accumulated Depreciation [1],[2] $ (759)    
Year Acquired [1] 2025    
Multifamily Property | Charleston Darby Portfolio | Minimum [Member] | Boston, MA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1] 1975    
Multifamily Property | Charleston Darby Portfolio | Maximum [Member] | Boston, MA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1] 1985    
Multifamily Property | Emblem Oswego | Chicago, IL      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 16,334    
Initial Cost - Building and Building Improvements [1] 66,127    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 35    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 16,334    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 66,162    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 82,496    
Accumulated Depreciation [1],[2] $ (1,168)    
Year Built/Last Renovated [1] 2021    
Year Acquired [1] 2025    
Multifamily Property | Caroline Post Oak | Houston, TX      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 40,528    
Initial Cost - Land and Land Improvements [1] 12,471    
Initial Cost - Building and Building Improvements [1] 46,522    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 26    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 1,805    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 12,497    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 48,327    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 60,824    
Accumulated Depreciation [1],[2] $ (4,139)    
Year Built/Last Renovated [1] 2013    
Year Acquired [1] 2022    
Multifamily Property | Caroline West Gray | Houston, TX      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 45,911    
Initial Cost - Land and Land Improvements [1] 11,171    
Initial Cost - Building and Building Improvements [1] 58,343    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 1,098    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 11,171    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 59,441    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 70,612    
Accumulated Depreciation [1],[2] $ (4,999)    
Year Built/Last Renovated [1] 2013    
Year Acquired [1] 2022    
Multifamily Property | The Kensley [Member] | Jacksonville, FL      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 9,805    
Initial Cost - Building and Building Improvements [1] 38,651    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 37    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 9,805    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 38,688    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 48,493    
Accumulated Depreciation [1],[2] $ (872)    
Year Built/Last Renovated [1] 2004    
Year Acquired [1] 2025    
Multifamily Property | Vineyard Commons | Kingston, NY      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 45,175    
Initial Cost - Land and Land Improvements [1] 8,697    
Initial Cost - Building and Building Improvements [1] 57,129    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 0    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 49    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 8,697    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 57,178    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 65,875    
Accumulated Depreciation [1],[2] $ (807)    
Year Built/Last Renovated [1] 2010    
Year Acquired [1] 2025    
Multifamily Property | Reflections at Red Mountain | Mesa, AZ      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 11,231    
Initial Cost - Building and Building Improvements [1] 39,196    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 184    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 11,231    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 39,380    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 50,611    
Accumulated Depreciation [1],[2] $ (1,151)    
Year Built/Last Renovated [1] 1986    
Year Acquired [1] 2025    
Multifamily Property | Coda on Centre | Pittsburgh, PA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 27,860    
Initial Cost - Land and Land Improvements [1] 5,416    
Initial Cost - Building and Building Improvements [1] 42,681    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 4    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 303    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 5,420    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 42,984    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 48,404    
Accumulated Depreciation [1],[2] $ (3,699)    
Year Built/Last Renovated [1] 2018    
Year Acquired [1] 2022    
Multifamily Property | The Elmstead | Providence, RI      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 21,245    
Initial Cost - Land and Land Improvements [1] 9,322    
Initial Cost - Building and Building Improvements [1] 22,436    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 41    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 82    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 9,363    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 22,518    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 31,881    
Accumulated Depreciation [1],[2] $ (587)    
Year Built/Last Renovated [1] 2003    
Year Acquired [1] 2025    
Multifamily Property | Preserve at Pine Valley | Wilmington, NC      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 21,200    
Initial Cost - Land and Land Improvements [1] 5,684    
Initial Cost - Building and Building Improvements [1] 25,992    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 203    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 798    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 5,887    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 26,790    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 32,677    
Accumulated Depreciation [1],[2] $ (1,293)    
Year Built/Last Renovated [1] 1974    
Year Acquired [1] 2025    
Single-family rental property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 1    
Initial Cost - Land and Land Improvements $ 11,304    
Initial Cost - Building and Building Improvements 33,761    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements 6    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements 89    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 11,310    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 33,850    
Gross Amounts at which Carried at the Close of Period, Total [2] 45,160    
Accumulated Depreciation [2] $ (2,595)    
Single-family rental property | Fiore | Sarasota, FL      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 11,304    
Initial Cost - Building and Building Improvements [1] 33,761    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 6    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 89    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 11,310    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 33,850    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 45,160    
Accumulated Depreciation [1],[2] $ (2,595)    
Year Built/Last Renovated [1] 2024    
Year Acquired [1] 2023    
Industrial Property      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 40    
Encumbrances [1] $ 60,300    
Initial Cost - Land and Land Improvements [1] 160,500    
Initial Cost - Building and Building Improvements [1] 229,213    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 274    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 2,354    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 160,774    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 231,567    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 392,341    
Accumulated Depreciation [1],[2] $ (11,917)    
Industrial Property | Dallas Infill Portfolio | Dallas, TX      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 9    
Initial Cost - Land and Land Improvements [1] $ 17,037    
Initial Cost - Building and Building Improvements [1] 45,234    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 308    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 17,037    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 45,542    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 62,579    
Accumulated Depreciation [1],[2] $ (1,501)    
Year Acquired [1] 2025    
Industrial Property | Dallas Infill Portfolio | Minimum [Member] | Dallas, TX      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1] 1958    
Industrial Property | Dallas Infill Portfolio | Maximum [Member] | Dallas, TX      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1] 2019    
Industrial Property | 11801 Industry | Jacksonville, FL      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 4,945    
Initial Cost - Building and Building Improvements [1] 13,951    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 6    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 4,945    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 13,957    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 18,902    
Accumulated Depreciation [1],[2] $ (353)    
Year Built/Last Renovated [1] 1968    
Year Acquired [1] 2025    
Industrial Property | One Brooklyn | New York, NY      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 6,600    
Initial Cost - Land and Land Improvements [1] 4,617    
Initial Cost - Building and Building Improvements [1] 11,742    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 15    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 4,617    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 11,757    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 16,374    
Accumulated Depreciation [1],[2] $ (250)    
Year Built/Last Renovated [1] 1975    
Year Acquired [1] 2025    
Industrial Property | 6200 Bristol | Philadelphia, PA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Encumbrances [1] $ 10,000    
Initial Cost - Land and Land Improvements [1] 20,302    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 20    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 20,322    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 20,322    
Accumulated Depreciation [1],[2] $ (688)    
Year Built/Last Renovated [1] 2022    
Year Acquired [1] 2022    
Industrial Property | Savannah Truck Terminal | Savannah, GA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 24,304    
Initial Cost - Building and Building Improvements [1] 41,892    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 775    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 24,304    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 42,667    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 66,971    
Accumulated Depreciation [1],[2] $ (3,870)    
Year Built/Last Renovated [1] 2023    
Year Acquired [1] 2023    
Industrial Property | Industrial outdoor storage portfolio | New York, NY      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 2    
Industrial Property | Industrial outdoor storage portfolio | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1],[3] 17    
Initial Cost - Land and Land Improvements [1],[3] $ 67,519    
Initial Cost - Building and Building Improvements [1],[3] 18,702    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1],[3] 22    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1],[3] 67,519    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1],[3] 18,724    
Gross Amounts at which Carried at the Close of Period, Total [1],[2],[3] 86,243    
Accumulated Depreciation [1],[2],[3] $ (1,937)    
Year Acquired [1],[3] 2024    
Industrial Property | Industrial outdoor storage portfolio | Minimum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[3] 1939    
Industrial Property | Industrial outdoor storage portfolio | Maximum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[3] 2001    
Industrial Property | Norfolk Industrial Portfolio | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1],[4] 7    
Encumbrances [1],[4] $ 43,700    
Initial Cost - Land and Land Improvements [1],[4] 10,643    
Initial Cost - Building and Building Improvements [1],[4] 57,102    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1],[4] 254    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1],[4] 1,199    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1],[4] 10,897    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1],[4] 58,301    
Gross Amounts at which Carried at the Close of Period, Total [1],[2],[4] 69,198    
Accumulated Depreciation [1],[2],[4] $ (2,581)    
Year Acquired [1],[4] 2025    
Industrial Property | Norfolk Industrial Portfolio | Minimum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[4] 1974    
Industrial Property | Norfolk Industrial Portfolio | Maximum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[4] 2008    
Industrial Property | PODS | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1],[5] 2    
Initial Cost - Land and Land Improvements [1],[5] $ 4,995    
Initial Cost - Building and Building Improvements [1],[5] 18,027    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1],[5] 29    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1],[5] 4,995    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1],[5] 18,056    
Gross Amounts at which Carried at the Close of Period, Total [1],[2],[5] 23,051    
Accumulated Depreciation [1],[2],[5] $ (737)    
Year Acquired [1],[5] 2024    
Industrial Property | PODS | Minimum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[5] 2004    
Industrial Property | PODS | Maximum [Member] | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Year Built/Last Renovated [1],[5] 2007    
Industrial Property | 125 Fisher Street | Worcester, MA      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 6,138    
Initial Cost - Building and Building Improvements [1] 22,563    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 6,138    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 22,563    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] $ 28,701    
Year Built/Last Renovated [1] 1978    
Year Acquired [1] 2025    
Retail      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 3    
Encumbrances $ 5,292    
Initial Cost - Land and Land Improvements 31,230    
Initial Cost - Building and Building Improvements 56,145    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements 130    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements 13,463    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 31,360    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 69,608    
Gross Amounts at which Carried at the Close of Period, Total [2] 100,968    
Accumulated Depreciation [2] $ (1,657)    
Retail | Shoppes at Heron Lakes | Miami, FL      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 14,712    
Initial Cost - Building and Building Improvements [1] 32,515    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 14,712    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 32,515    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 47,227    
Accumulated Depreciation [1],[2] $ (205)    
Year Built/Last Renovated [1] 2004    
Year Acquired [1] 2025    
Retail | Shops at Grand Avenue | New York, NY      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1] 1    
Initial Cost - Land and Land Improvements [1] $ 16,518    
Initial Cost - Building and Building Improvements [1] 23,630    
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements [1] 130    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1] 840    
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements [1] 16,648    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1] 24,470    
Gross Amounts at which Carried at the Close of Period, Total [1],[2] 41,118    
Accumulated Depreciation [1],[2] $ (1,452)    
Year Built/Last Renovated [1] 1996    
Year Acquired [1] 2024    
Retail | Stablewood      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property 4    
Retail | Stablewood | Various      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]      
Number of Properties | Property [1],[6] 1    
Encumbrances [1],[6] $ 5,292    
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements [1],[6] 12,623    
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements [1],[6] 12,623    
Gross Amounts at which Carried at the Close of Period, Total [1],[2],[6] $ 12,623    
Year Built/Last Renovated [1],[6] 2025    
Year Acquired [1],[6] 2025    
[1] The aggregate cost for federal income tax purposes as of December 31, 2025 was approximately $1.2 billion.
[2] The total included on Schedule III does not include furniture, fixtures and equipment totaling $8.4 million. Accumulated depreciation does not include $1.3 million of accumulated depreciation related to furniture, fixtures and equipment.
[3] Includes Industrial outdoor portfolio with five properties located in Illinois, three properties located in New Jersey, two properties in each of Pennsylvania, New York and Wisconsin and one property in each of California, Connecticut and Washington.
[4] Includes Norfolk industrial portfolio with six properties located in Norfolk, Virginia and one located in Rockledge, Florida.
[5] Includes PODS portfolio that includes one property located in Tampa, Florida and one located in Pinellas Park, Florida.
[6] Represents four retail developments including one in Greenville, South Carolina, one in Denver, Colorado, one in Pensacola, Florida and one in Holland, Michigan.