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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WfRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">WF repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WfRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WF Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisoryAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advisory Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisoryAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisory Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisoryAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisory agreement.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfDealerManagerFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Dealer Manager Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfDealerManagerFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of dealer manager fees.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfSharesIssuedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of shares issued table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-MooresvilleNCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial - Mooresville, NC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-MooresvilleNCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial - Mooresville, NC.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementThirdPartyEngagedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Third Party Engaged [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Documents Incorporated by Reference [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Documents Incorporated by Reference [Text Block]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common class E shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class E Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class E Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionsReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscriptions received in advance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionsReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscriptions Received in Advance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionsReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscriptions received in advance.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Variable Interest Rate, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialWashingtonDCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial Washington, D.C.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationCosts1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization costs</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationCosts1_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockholderServicingFeeThresholdLimitPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholder Servicing Fee Threshold Limit Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockholderServicingFeeThresholdLimitPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stockholder servicing fee threshold limit percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockholderServicingFeeThresholdLimitPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholder servicing fee threshold limit, percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Borrowings under secured financings</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Management fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregatePurchaseExceedingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Aggregate purchase exceeding amount.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregatePurchaseExceedingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate purchase exceeding amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Financings, at Fair Value [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares granted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementStrategyAndGovernanceTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management, Strategy, and Governance [Table]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregateGrossDistributionsDeclaredPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Aggregate gross distributions declared per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregateGrossDistributionsDeclaredPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate gross distributions declared per redeemable common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialVariousUnitedKingdomMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial, various, United Kingdom.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialVariousUnitedKingdomMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Industrial - United Kingdom (Various) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscriptions received in advance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscription Received In Advance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SubscriptionReceivedInAdvance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscription Received In Advance</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrdinaryDividendsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ordinary Dividends Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrdinaryDividendsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySanAntonioTXMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily San Antonio, TX [Member]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Interest Rate</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_LoansReceivableAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans receivable at fair value member.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Class D.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Secured Debt</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesAnnualCompensationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Independent Trustees Annual Compensation Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesAnnualCompensationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Independent trustees annual compensation payment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesAnnualCompensationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Independent trustees' annual compensation payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedExpensesAndOtherLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Expenses and Other Liabilities [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedExpensesAndOtherLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued expenses and other liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan origination activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for Acquisition, Loan and Lease, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payment for Acquisition, Loan and Lease, Held-for-Investment, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loan originations and fundings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Loan origination and funding activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialCanogaParkCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Canoga Park, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialCanogaParkCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial canoga park, Ca [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFeeDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued shareholder servicing fee due to affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFeeDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Shareholder Servicing Fee Due To Affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFeeDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued shareholder servicing fee due to affiliate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update [Axis]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredOvernightIndexAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Secured overnight index average.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredOvernightIndexAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SONIA [Member]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IncreaseInAssetPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in asset purchases.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IncreaseInAssetPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in asset purchases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialNashvilleTnAndAtlantaGaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Nashville, TN And Atlanta, GA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialNashvilleTnAndAtlantaGaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial Nashville, TN and Atlanta, GA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialNashvilleTnAndAtlantaGaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Industrial - Nashville, TN &amp; Atlanta, GA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Well-known Seasoned Issuer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Well-known Seasoned Issuer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Citibank, N.A. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Citibank, N.A. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Citibank, N.A. member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Loss on Loans Receivable, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized loss on loans receivable, at fair value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unrealized gain (loss) on loans receivable, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized (gain) loss on loans receivable, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentForPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisor Payment For Performance Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentForPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisor payment for performance fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentForPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advisor payment for performance fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Reinvestment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution reinvestment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution reinvestment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialAlpharettaGAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Alpharetta, GA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialAlpharettaGAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial Alpharetta, GA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyTransactionGainBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Transaction Gain, before Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyTransactionGainBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on foreign currency translation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyTransactionGainBeforeTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on foreign currency translation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfUpfrontSellingCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of upfront selling commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfUpfrontSellingCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Upfront Selling Commissions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfUpfrontSellingCommissions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of upfront selling commissions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Income (Loss) per Common Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LIABILITIES AND EQUITY</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Liabilities and Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskRoleOfManagementTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Role of Management [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Significant Accounting Policies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repayment of loans receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Principal Repayment, Loan and Lease, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net asset value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NetAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net asset value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in accounting principle, accounting standards update, immaterial effect [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateUnrealizedGainsLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loans On Real Estate Unrealized Gains (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateUnrealizedGainsLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loans on real estate unrealized gains (loss).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateUnrealizedGainsLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized gain (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentInFormOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advisor payment in form of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentInFormOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisor Payment In Form Of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorPaymentInFormOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisor payment in form of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Carrying Amount, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Temporary equity, balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Temporary equity, balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable common shares - Class E shares, par value $0.01 per share; 1,703,737 and 1,670,897 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Transactions and Translations Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign Currency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossOnSecuredFinancings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency translation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossOnSecuredFinancings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Transaction Gain (Loss) on Secured Financings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossOnSecuredFinancings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign currency transaction gain (loss) on secured financings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net change in cash and cash equivalents and restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfAdvanceExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Period for reimbursement of advance expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfAdvanceExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Period For Reimbursement Of Advance Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfAdvanceExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Period for reimbursement of advance expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common shares issued par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySantaClaraCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Santa Clara, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySantaClaraCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Santa Clara, CA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-SanAntonioTXMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - San Antonio, TX [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-SanAntonioTXMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - San Antonio, TX.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Financial Statement Error Correction [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Financial Statement Error Correction [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Citibank [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Citibank.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesRestrictedCommonSharesGrant_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Independent trustees' restricted common shares grant</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesRestrictedCommonSharesGrant_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Independent Trustees' Restricted Common Shares Grant</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesRestrictedCommonSharesGrant_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Independent trustees' restricted common shares grant.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unvested shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unvested common shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate Notional Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative, Notional Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholder servicing fee (% of NAV)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Stockholder Servicing Fee on Net Asset Value Per Annum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of stockholder servicing fee on net asset value per annum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-OrlandoFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - Orlando, FL [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-OrlandoFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Orlando, FL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_FinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityAggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityAggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity Aggregate Purchase Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityAggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Temporary equity aggregate purchase amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principles of Consolidation and Basis of Presentation [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principles of consolidation and basis of presentation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principles of Consolidation and Basis of Presentation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ProceedsFromIssuanceOfCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Common Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ProceedsFromIssuanceOfCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from issuance of common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ProceedsFromIssuanceOfCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from issuance of common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityLenderDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Lender [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Increase in accrued interest receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Accrued Interest Receivable, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Inputs and Valuation Techniques [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative instrument liabilities, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Derivative instrument liabilities, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnearnedRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unearned Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnearnedRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unearned Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnearnedRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unearned revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposit liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposit Liability, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative instrument liabilities, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Liability, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Service provider expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-WashingtonDCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial - Washington, D.C. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-WashingtonDCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial - Washington, D.C.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for Acquisition, Loan, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireLoansHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan originations and fundings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-GrandPrairieTXMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - Grand Prairie, TX [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-GrandPrairieTXMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Grand Prairie, TX.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassTSDAndISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common class T S D and I shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassTSDAndISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class T S D And I Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassTSDAndISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class T, S, D and I Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Secured Financings at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized gain (loss) on secured financings at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized gain on secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommissionAndFeesThresholdPercentageOnSaleOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commission and fees threshold percentage on sale of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommissionAndFeesThresholdPercentageOnSaleOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commission And Fees Threshold Percentage On Sale Of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommissionAndFeesThresholdPercentageOnSaleOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commission and fees threshold percentage on sale of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Facility, Current Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-CanogaParkCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial - Canoga Park, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-CanogaParkCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial - Canoga Park, CA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_InitialCapitalCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Initial capital commitments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_InitialCapitalCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Initial Capital Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_InitialCapitalCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial capital commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tax basis of loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loans On Real Estate Tax Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstateTaxBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage Loans On Real Estate Tax Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-AlpharettaGAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial - Alpharetta, GA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Industrial-AlpharettaGAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial - Alpharetta, GA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level III [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Fair Value Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Long-Term Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings under secured financings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTOrClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class T or Class D common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTOrClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class T or Class D Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTOrClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class T or Class D Common Shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Financial Assets and Liabilities on a Recurring Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumInvestmentFromStrategicInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Investment From Strategic Investors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumInvestmentFromStrategicInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum investment from strategic investors.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumInvestmentFromStrategicInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum investment from strategic investors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Significant Accounting Policies [Line items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfRealEstateLoansOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of real estate loans originated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfRealEstateLoansOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Real estate Loans Originated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfRealEstateLoansOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Real estate Loans Originated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class T Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class T common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassTCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class T Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash and Cash Equivalent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash and Cash Equivalents, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RetainedEarningsAndAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings and Accumulated Distributions in Excess of Net Income [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RetainedEarningsAndAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Retained earnings and accumulated distributions in excess of net income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RetainedEarningsAndAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Deficit and Cumulative Distributions [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and contingencies (Note 13)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Remeasurement of redeemable common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remeasurement of redeemable common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Remeasurement of Redeemable Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Remeasurement of redeemable common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NetCounterpartyExposure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Counterparty Exposure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NetCounterpartyExposure_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net counterparty exposure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholder's Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shareholders' Equity and Share-Based Payments [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorFirmId_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Auditor Firm ID</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorFirmId_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Firm ID</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, spread rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramExpirationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock repurchase expiration period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramExpirationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program Expiration Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramExpirationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock repurchase program expiration period.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Period for reimbursement of operating expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Period For Reimbursement Of Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PeriodForReimbursementOfOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Period for reimbursement of operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnfundedCommitmentsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unfunded commitments amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnfundedCommitmentsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unfunded Commitments Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnfundedCommitmentsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unfunded commitments amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ReturnOfCapitalPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Return of Capital Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ReturnOfCapitalPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Return of Capital Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ReturnOfCapitalPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Return of Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityRemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity Remeasurement Of Redeemable Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityRemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Temporary equity remeasurement of redeemable common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TemporaryEquityRemeasurementOfRedeemableCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Temporary equity, remeasurement of redeemable common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_EconomicDependencyAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Economic dependency.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_EconomicDependencyAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Economic Dependency [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Positions or Committees Responsible [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average common shares outstanding, basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares of common stock outstanding, basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-NewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - New York, NY [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-NewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - New York, NY.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Expense Information Used by CODM, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Citibank Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Citibank repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CitibankRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Citibank Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule IV - Mortgage Loans on Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans Receivable, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskProcessForInformingManagementOrCommitteesResponsibleTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued offering costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loans receivable, at fair value (including pledged loans of $1,392,131 and $828,215, respectively)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans receivable, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisorTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Components of Due to Advisor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisorTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Due To Advisor Table Text Block</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisorTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Due to advisor table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-SantaClaraCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - Santa Clara, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-SantaClaraCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Santa Clara, CA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total shareholders' equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shares, par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives Not Designated as Hedging Instruments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Non-designated Derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossLoanReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Transaction Gain (Loss) Loan Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossLoanReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign currency transaction gain (loss) loan receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ForeignCurrencyTransactionGainLossLoanReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency translation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepaymentOfLoansToPurchaseCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Repayment of Loans to Purchase Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepaymentOfLoansToPurchaseCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan repayments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepaymentOfLoansToPurchaseCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Loan repayments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DerivativeNumberOfContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Number Of Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DerivativeNumberOfContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative number of contracts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DerivativeNumberOfContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and offering expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization And Offering Expenses [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and Offering Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of Estimates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentMaximumMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maximum Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentMaximumMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument Maximum Maturity Date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentMaximumMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Maximum Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WellsFargoBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Wells Fargo Bank, N.A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WellsFargoBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Wells Fargo Bank, N.A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WellsFargoBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Wells fargo bank, N.A.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValueNetAssetsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value based NAV per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValueNetAssetsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Options Granted Fair Value Net Assets Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValueNetAssetsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share based compensation arrangement by share based payment award options granted fair value net assets value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class D Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class D common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassDCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class D Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MinimumREITDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum REIT distribution percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MinimumREITDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum R E I T Distribution Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MinimumREITDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum REIT distribution percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SterlingOvernightIndexAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sterling Overnight Index Average.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SterlingOvernightIndexAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sterling Overnight Index Average [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SterlingOvernightIndexAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SONIA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCollateralAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Collateral Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCollateralAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Facility, Fair Value of Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashInvestingAndFinancingItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash Investing and Financing Items [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashInvestingAndFinancingItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash financing activities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateLoanTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonStockDividendsPerShareDeclaredNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Dividends Per Share Declared Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonStockDividendsPerShareDeclaredNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common stock dividends per share declared net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonStockDividendsPerShareDeclaredNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividends Declared and Taxable in Current Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonStockDividendsPerShareDeclaredNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net distributions declared per redeemable common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OperatingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OperatingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OperatingExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments and Hedging Activities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Independent Trustees [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndependentTrusteesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Independent trustees.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class T [Member]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Operating and Nonoperating</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstatePeriodicPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment Terms</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorFeesPaidInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisor Fees Paid in Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorFeesPaidInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisor fees paid in cash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorFeesPaidInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advisor fees paid in cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementExpertiseOfManagementResponsibleTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Expertise of Management Responsible [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative instrument assets, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Asset at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignExchangeContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FX Contracts- Sell GBP</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeignExchangeContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Exchange Contracts [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Shares</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Loan and Lease Originations and Principal Collections</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Loan and Lease Originations and Principal Collections, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds attributable to the full principal repayment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Gross</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Offering Costs</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt Facility, Weighted Average Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DividendsDeclaredPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Distributions Declared Per Share</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DividendsDeclaredPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividends Declared Per Share [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Note [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccumulatedEarningsAndCumulativeDistributions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accumulated earnings and cumulative distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccumulatedEarningsAndCumulativeDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Earnings and Cumulative Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccumulatedEarningsAndCumulativeDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated earnings and cumulative distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class S shares [Member]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class S [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Class S.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total cash and cash equivalents and restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash and cash equivalents and restricted cash, end of year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash and cash equivalents and restricted cash, beginning of year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest accrued and paid</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based compensation recognized cost</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Originantion of floating rate first mortage loan</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repurchase Agreement, Counterparty [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt [Text Block]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OperatingAdvanceExpenseRatablyPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advance expense ratably period</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OperatingAdvanceExpenseRatablyPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating advance expense ratably period.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Facility, Interest Rates</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NondesignatedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives Not Designated as Hedging Instruments [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-PensacolaFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - Pensacola, FL [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-PensacolaFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Pensacola, FL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentWeightedAverageLife_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Weighted Average Life</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentWeightedAverageLife_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, weighted average life.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DebtInstrumentWeightedAverageLife_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Life (Years)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments, Gain (Loss) [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Principal Amount of Delinquent Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Amount of Delinquent Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of common stock outstanding, diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted-average common shares outstanding, diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate202307Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ASU 2023-07 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate202307Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update 2023-07 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments, Gain (Loss) [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Effect of Derivative Financial Instruments on the Consolidated Statements of Operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUnitedStatesRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley United States Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUnitedStatesRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley United States repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUnitedStatesRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MS US Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassSCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class S Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassSCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class S common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassSCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class S Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndividuallySpecificMortgageLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Individually Specific Mortgage Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndividuallySpecificMortgageLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Individually Specific Mortgage Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndividuallySpecificMortgageLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Individually specific mortgage loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MS-US Repurchase Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstatePrincipalBalanceOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Balance Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstatePrincipalBalanceOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loans On Real Estate Principal Balance Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoansOnRealEstatePrincipalBalanceOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loans on real estate principal balance outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">General and administrative</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">General and Administrative Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Investment, Measurement Input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AlternativeInvestmentMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Noncash Item [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income to net cash provided by operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyPhoenixAZMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Phoenix, AZ [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyPhoenixAZMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily phoenix, Az [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued operating expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Distributions Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Declared [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateCollectionsOfPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Collections of Principal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateCollectionsOfPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collection of principal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateCollectionsOfPrincipal_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Collection of principal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average interest rate basis spread on variable rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentValuationTechniqueExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Valuation Technique [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued shareholder servicing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Shareholder Servicing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedShareholderServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued shareholder servicing fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepurchaseAgreementCounterpartyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repurchase Agreement Counterparty [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Pronouncements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments, Gain (Loss) [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentOfFinancingAndStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Offering costs</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentOfFinancingAndStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payment of Financing and Stock Issuance Costs, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares outstanding, ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares outstanding, beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TrusteeCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trustee compensation payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TrusteeCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trustee Compensation Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TrusteeCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trustee Compensation Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementProcessesIntegratedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Processes Integrated [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-FortCollinsCOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily - Fort Collins, CO [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-FortCollinsCOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Fort Collins, CO.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareholderServicingFeePerCommonShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shareholder Servicing Fee Per Common Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareholderServicingFeePerCommonShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Shareholder servicing fee per common share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ShareholderServicingFeePerCommonShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholder servicing fee per redeemable common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateScheduleTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized (loss) gain on derivative instruments, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unrealized loss (gain) on derivative instruments, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Redeemable common shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyGrandPrairieTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Grand Prairie Tx [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyGrandPrairieTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Grand Prairie TX.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Income (Loss) Per Common Share</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Repurchase agreement member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementProcessesIntegratedTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Processes Integrated [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MsInternationalRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">MS International Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MsInternationalRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">MS international repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MsInternationalRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MS International Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and offering expenses incurred.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization And Offering Expenses Incurred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OrganizationAndOfferingExpensesIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization and offering expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Distributions to Affiliates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNumberOfInstrumentsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative, Number of Instruments Held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNumberOfInstrumentsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative, Number of Instruments Held, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives, Fair Value [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ASSETS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Increase in prepaid assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfLoansHeldForInvestmentPortfolioTabletextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Loans Held for Investment Portfolio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfLoansHeldForInvestmentPortfolioTabletextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Loans Held For Investment Portfolio [TableText Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfLoansHeldForInvestmentPortfolioTabletextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of loans held for investment portfolio.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AnnualHurdlePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Annual hurdle percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AnnualHurdlePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Annual Hurdle Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AnnualHurdlePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annual hurdle percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Measurement Input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementOfLoanReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Fair Value Measurement Of Loan Receivable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementOfLoanReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of fair value measurement of loan receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementOfLoanReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Fair Value Measurements of Loans Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnfundedLoanCommitmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unfunded Loan Commitment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnfundedLoanCommitmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unfunded commitments [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Including Capitalized Interest, Operating and Investing Activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Paid, Including Capitalized Interest, Operating and Investing Activities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageSeniorLoansOnRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Loans on Real Estate Senior Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageSeniorLoansOnRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Senior Loans on Real Estate Member</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageSeniorLoansOnRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage senior loans on real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Financings, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Class E Common Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Morgan Stanley Bank, N.A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley Bank, N.A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyBankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley Bank, N.A.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCostsDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued offering costs due to affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCostsDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Offering Costs Due To Affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOfferingCostsDueToAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued offering costs due to affiliate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMeasurementInputExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Measurement Input [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Components of Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary for Components Of Other Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary for Components Of Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayments of secured financings</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramQuarterlyPercentageOfNetAssetValueMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock repurchase program, quarterly percentage of net asset value, maximum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramQuarterlyPercentageOfNetAssetValueMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program, Quarterly Percentage of Net Asset Value, Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StockRepurchaseProgramQuarterlyPercentageOfNetAssetValueMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quarterly percentage of net asset value, maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUsRepurchaseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley US Repurchase Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUsRepurchaseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley US Repurchase Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MorganStanleyUsRepurchaseFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MS Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Available to Common Stockholders, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income attributable to Starwood Credit Real Estate Income Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AllocationToRedeemableNon-ControllingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allocation to redeemable non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AllocationToRedeemableNon-ControllingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Allocation To Redeemable Non-controlling Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AllocationToRedeemableNon-ControllingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Allocation to redeemable non-controlling interests.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfCommonStockDividendsDeclaredThatAreTaxableAndRelatedTaxCharacterizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Common Stock Dividends Declared that are Taxable and Related Tax Characterization [Table Text Block[</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfCommonStockDividendsDeclaredThatAreTaxableAndRelatedTaxCharacterizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of common stock dividends declared that are taxable and related tax characterization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfCommonStockDividendsDeclaredThatAreTaxableAndRelatedTaxCharacterizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Common Shares Dividends Declared that are Taxable and Related Tax Characterization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeembale common stock issued, shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Temporary equity, common shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Financial Instruments and Hedge Activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfSellingCommissionsAndDealerManagerFeesOnTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Upfront selling commissions and dealer manager fees (%of transaction price)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfSellingCommissionsAndDealerManagerFeesOnTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Selling Commissions And Dealer Manager Fees On Transaction Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfSellingCommissionsAndDealerManagerFeesOnTransactionPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of selling commissions and dealer manager fees on transaction price.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance at the end of the year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance at the beginning of the period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Pledged loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Facility, Fair Value of Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Financial Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Instrument, Fair Value Disclosure, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash used in investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Private Offering [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Private Placement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives and Hedging Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_EconomicDependencyDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Economic dependency disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_EconomicDependencyDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Economic Dependency Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_EconomicDependencyDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Economic Dependency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, after Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNavPerAnnum1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of stockholder servicing fee on NAV per annum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNavPerAnnum1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Stockholder Servicing Fee On NAV Per Annum 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfStockholderServicingFeeOnNavPerAnnum1_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of stockholder servicing fee on nav per annum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Redeemable common shares, shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Shares Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable common shares, shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentAggregateCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Aggregate Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentAggregateCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment aggregate cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Derivatives, Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common class e member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySpringTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily - Spring, TX [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySpringTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Spring, Tx[ Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilySpringTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Spring, Tx</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in assets and liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Performance Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued performance fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedPerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued performance fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfBusinessExpirationDays_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of business expiration days</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfBusinessExpirationDays_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Business Expiration Days</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_NumberOfBusinessExpirationDays_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of business expiration days.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Adoption Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AverageAdjustedCapitalPeriodEqualAnnualHurdleRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Average adjusted capital period equal annual hurdle rate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AverageAdjustedCapitalPeriodEqualAnnualHurdleRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Average Adjusted Capital Period Equal Annual Hurdle Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AverageAdjustedCapitalPeriodEqualAnnualHurdleRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average adjusted capital period equal annual hurdle rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainsLossesFromOperationsAndFinancingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gains (losses) from operations and financing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainsLossesFromOperationsAndFinancingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gains (Losses) From Operations And Financing [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainsLossesFromOperationsAndFinancingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gains (losses) from operations and financing.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Inputs and Valuation Techniques [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net distribution declared</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net distributions declared per redeemable common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Aggregate purchase amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aggregate Purchase Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AggregatePurchaseAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate purchase amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementsOfSecuredFinancingsAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Fair Value Measurements of Secured Financings at Fair Value [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementsOfSecuredFinancingsAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of fair value measurements of secured financings at fair value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ScheduleOfFairValueMeasurementsOfSecuredFinancingsAtFairValueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Fair Value Measurements of Secured Financings at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RepurchasesPricePercentageOfTransactionPriceExceptSharesNotBeenOutstandingForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repurchases price percentage of transaction price except shares not been outstanding for one year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RepurchasesPricePercentageOfTransactionPriceExceptSharesNotBeenOutstandingForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repurchases Price Percentage Of Transaction Price Except Shares Not Been Outstanding For One Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RepurchasesPricePercentageOfTransactionPriceExceptSharesNotBeenOutstandingForOneYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Repurchases price percentage of transaction price except shares not been outstanding for one year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StarwoodCapitalGroupManagementLLcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Starwood Capital Group Management L.LC. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StarwoodCapitalGroupManagementLLcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Starwood Capital Group Management L.LC. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_StarwoodCapitalGroupManagementLLcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Starwood capital group management l.lc. member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRevolving_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Withdrawn on repurchase plan commitment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRevolving_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Revolving</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of share grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Share Grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of share grants.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Category [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentAnnualReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Annual Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RelatedPartyPercentageOfCumulativeCoreEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party percentage of cumulative core earnings.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RelatedPartyPercentageOfCumulativeCoreEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Percentage Of Cumulative Core Earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RelatedPartyPercentageOfCumulativeCoreEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party percentage of cumulative core earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainLossFromOperationsAndFinancing_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss From Operations and Financing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainLossFromOperationsAndFinancing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gain loss from operations and financing.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_GainLossFromOperationsAndFinancing_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total gain (loss) from operations and financing, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOrganizationCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued organization costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOrganizationCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Organization Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedOrganizationCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued organization costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedExpensesAndOtherLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Expenses and Other Liabilities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedExpensesAndOtherLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued Expenses And Other Liabilities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateOriginationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Origination Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateOriginationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan On Real Estate Origination Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateOriginationDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan on real estate origination date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfBankDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayments of bridge loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfBankDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repayments of bridge loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfBankDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Bank Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AlternativeInvestmentValuationTechniqueExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Investment, Valuation Technique [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateYearOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan On Real Estate Year Originated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateYearOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan on real estate year originated.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateYearOriginated_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Year Originated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Prepaid Expense, Current, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aggregate purchase price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Gross Proceeds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PerformanceFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOFR [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSellingCommissionsDealerManagerFeesAndStockholderServicingFeesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Selling Commissions, Dealer Manager Fees, and Stockholder Servicing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSellingCommissionsDealerManagerFeesAndStockholderServicingFeesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Selling Commissions, Dealer Manager Fees, And Stockholder Servicing Fees [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryOfSellingCommissionsDealerManagerFeesAndStockholderServicingFeesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of selling commissions, dealer manager fees, and stockholder servicing fees .</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TrusteesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trustees [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_TrusteesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trustees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain on Secured Financings, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized gain on secured financings, at fair value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized (loss) gain on secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainOnSecuredFinancingsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unrealized loss (gain) on secured financings, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementProcessesForAssessingIdentifyingAndManagingThreatsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassERedeemableCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class E Redeemable Common Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassERedeemableCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class E Redeemable Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassERedeemableCommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class E redeemable common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accrued Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfAdvisorStockholderServicingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of advisor stockholder servicing fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfAdvisorStockholderServicingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Advisor Stockholder Servicing Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfAdvisorStockholderServicingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of advisor stockholder servicing fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AssetPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Purchases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AssetPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset purchases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AssetPurchases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset purchases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due to advisors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Due To Advisors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DueToAdvisors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Due to advisors.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityPublicFloat_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Public Float</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest accrued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit agreement member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyPensacolaFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Pensacola, FL [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyPensacolaFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Pensacola, FL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Debt [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Secured Financings at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lender Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CapitalGainDistributionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Gain Distribution Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CapitalGainDistributionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital Gain Distribution Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CapitalGainDistributionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital Gain Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyOrlandoFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Orlando, FL [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyOrlandoFLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Orlando, FL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DRIP [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Reinvestment Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_DistributionReinvestmentPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution reinvestment plan member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartiesWithWhomRepurchaseAgreementsExceed10PercentOfStockholdersEquityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Net Exposure with those Counterparties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRepurchaseAgreementCounterpartiesWithWhomRepurchaseAgreementsExceed10PercentOfStockholdersEquityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Repurchase Agreement Counterparties with Whom Repurchase Agreements Exceed 10 Percent of Stockholders' Equity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityVoluntaryFilers_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Voluntary Filers</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityVoluntaryFilers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Voluntary Filers</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Additional Paid in Capital, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PaymentsForFinancingFees_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Financing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PaymentsForFinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PaymentsForFinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Financing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PaymentsForFinancingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments for financing fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialMooresvilleNcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Mooresville Nc [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialMooresvilleNcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial Mooresville NC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="cyd_CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cybersecurity Risk Management Positions or Committees Responsible [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyBerkeleyCaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily, Berkeley, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyBerkeleyCaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily, Berkeley, CA.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyBerkeleyCaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily - Berkeley, CA [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOFR [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Common shares repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Proceeds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from issuance of common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Quantitative Inputs and Assumptions used for Items Categorized in Level 3 of Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskCreditRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration of Credit Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskCreditRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk, Credit Risk, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToParentDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Parent, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToParentDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Attributable to Parent, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToParentDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income attributable to Starwood Credit Real Estate Income Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RedeemableCommonSharesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Common Shares Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RedeemableCommonSharesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable common shares disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_RedeemableCommonSharesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Common Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Financing Receivable [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan On Real Estate By Loan Disclosure [TextBlock]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan on real estate by loan disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MortgageLoanOnRealEstateByLoanDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule IV - Mortgage Loans on Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Financial Instruments, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Option</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstateNewMortgageLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, New Mortgage Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstateNewMortgageLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Originations and fundings of new loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassECommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class E shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassECommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class E Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassECommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class E Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassECommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class e common shares member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_WeightedAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateLoanCategoryDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Category [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDilutedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDilutedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Diluted net income per common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income (loss) per common share, diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassICommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class I Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassICommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Class I common shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassICommonSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class I Common Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends, Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Dividends, Common Stock, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions declared on common shares (see Note 9)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Auditor Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds form unsecured line of credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings under debt facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Lines of Credit, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Face Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Facility, Available Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeniorLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeniorLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Loans on Real Estate Senior Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt Facility, Maximum Facility Size</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum loan borrowing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumGuaranteeOnLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Guarantee on Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumGuaranteeOnLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum guarantee on liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MaximumGuaranteeOnLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum Guarantee on Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNYOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily, New York, NY One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNYOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily, new york, ny one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNYOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily - New York, NY [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Fee Income, Loans and Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest and Fee Income, Loans and Leases, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialLoanAssetCollateralizedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Industrial Loan Asset Collateralized [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialLoanAssetCollateralizedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industrial Loan Asset Collateralized Member</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_IndustrialLoanAssetCollateralizedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Industrial Loan Asset Collateralized.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassifiedClassTSDIAndESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classified Class T,S,D,I and E Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_ClassifiedClassTSDIAndESharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Classified class T,S,D,I and E Shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfManagementFeePaymentOfNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of management fee payment of net asset value per annum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfManagementFeePaymentOfNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Management Fee Payment Of Net Asset Value Per Annum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_PercentageOfManagementFeePaymentOfNetAssetValuePerAnnum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of management fee payment of NAV per annum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromBankDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings under bridge loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromBankDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Bank Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets and Other Liabilities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other Assets and Other Liabilities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets and Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized loss on loans receivable, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Loans Receivable at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_UnrealizedGainLossOnLoansReceivableAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized gain (loss) on loans receivable at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyFortCollinsCOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Fort Collins, CO [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyFortCollinsCOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily Fort Collins, CO.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WellsFargoBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Wells Fargo Bank [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_WellsFargoBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Wells Fargo Bank.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncomeOtherOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other revenue</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level I [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net cash provided (used in) financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Adopted [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in accounting principle, accounting standards update, adopted [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorLocation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Auditor Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AuditorLocation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Auditor Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued management fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Management Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AccruedManagementFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued management fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AlternativeInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Alternative Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AlternativeInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Contract [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary for Components Of Other Assets [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary for Components Of Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SummaryForComponentsOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Components of Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorManagementFeesWaivedOff_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advisor management fees waived off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorManagementFeesWaivedOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advisor Management Fees Waived Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AdvisorManagementFeesWaivedOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Advisor management fees waived off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily, New York, NY [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily, New York, NY.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_MultifamilyNewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily - New York, NY [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SelfStorageVariousUnitedStatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Self-Storage, Various, United States [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SelfStorageVariousUnitedStatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Self-Storage, various, United States.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_SelfStorageVariousUnitedStatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Self-Storage - United States (Various) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Fair Value of Derivatives, Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonSharesIssuedAsPerformanceFeeCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares issued as performance fee compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonSharesIssuedAsPerformanceFeeCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Shares Issued As Performance Fee Compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_CommonSharesIssuedAsPerformanceFeeCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common shares issued as performance fee compensation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoanOnRealEstateFinalMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoanOnRealEstateFinalMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Final Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoanOnRealEstateFinalMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Maximum Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Repaymant of borrowing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromContributedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions received from common shares issued</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrantsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Share Grants Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrantsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of share grants value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_AmortizationOfShareGrantsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Temporary equity, amortization of share grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Type of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Expense Information Used by CODM, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock distribution declared</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenues</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0001986395_Multifamily-PhoenixAZMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily - Phoenix, AZ.</link:label>
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  <xsd:element id="ck0001986395_ScheduleOfFairValueMeasurementsOfSecuredFinancingsAtFairValueTableTextBlock" name="ScheduleOfFairValueMeasurementsOfSecuredFinancingsAtFairValueTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_IndependentTrusteesRestrictedCommonSharesGrant" name="IndependentTrusteesRestrictedCommonSharesGrant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_UnfundedCommitmentsAmount" name="UnfundedCommitmentsAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_CommonClassESharesMember" name="CommonClassESharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ScheduleOfSharesIssuedTableTextBlock" name="ScheduleOfSharesIssuedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_CitibankNAMember" name="CitibankNAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ShareRepurchasePlanHoldingPeriod" name="ShareRepurchasePlanHoldingPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_TemporaryEquityRemeasurementOfRedeemableCommonStock" name="TemporaryEquityRemeasurementOfRedeemableCommonStock" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_NetAssetValue" name="NetAssetValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_CommonClassTSDAndISharesMember" name="CommonClassTSDAndISharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_OfferingCosts" name="OfferingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_ClassERedeemableCommonSharesMember" name="ClassERedeemableCommonSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SecuredFinancingsAtFairValueMember" name="SecuredFinancingsAtFairValueMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_UnrealizedGainOnSecuredFinancingsAtFairValue" name="UnrealizedGainOnSecuredFinancingsAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_Industrial-CanogaParkCAMember" name="Industrial-CanogaParkCAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MortgageLoanOnRealEstateOriginationDate" name="MortgageLoanOnRealEstateOriginationDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_PercentageOfStockholderServicingFeeOnNetAssetValuePerAnnum" name="PercentageOfStockholderServicingFeeOnNetAssetValuePerAnnum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AdvancedOrganizationAndOfferingCostsRatablyPeriod" name="AdvancedOrganizationAndOfferingCostsRatablyPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MultifamilyPensacolaFLMember" name="MultifamilyPensacolaFLMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_CommonStockDividendsPerShareDeclaredNet" name="CommonStockDividendsPerShareDeclaredNet" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_StarwoodCapitalGroupManagementLLcMember" name="StarwoodCapitalGroupManagementLLcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MaximumGuaranteeOnLiability" name="MaximumGuaranteeOnLiability" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AccruedExpensesAndOtherLiabilitiesTable" name="AccruedExpensesAndOtherLiabilitiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_RepurchasesPricePercentageOfTransactionPriceExceptSharesNotBeenOutstandingForOneYear" name="RepurchasesPricePercentageOfTransactionPriceExceptSharesNotBeenOutstandingForOneYear" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_Industrial-WashingtonDCMember" name="Industrial-WashingtonDCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MultifamilySantaClaraCAMember" name="MultifamilySantaClaraCAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_OperatingAdvanceExpenseRatablyPeriod" name="OperatingAdvanceExpenseRatablyPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_LoansReceivableAtFairValueMember" name="LoansReceivableAtFairValueMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValueNetAssetsValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValueNetAssetsValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_WellsFargoBankMember" name="WellsFargoBankMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ClassICommonSharesMember" name="ClassICommonSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_CitibankRepurchaseAgreementMember" name="CitibankRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MorganStanleyRepurchaseAgreementMember" name="MorganStanleyRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_TemporaryEquityAggregatePurchaseAmount" name="TemporaryEquityAggregatePurchaseAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_AverageAdjustedCapitalPeriodEqualAnnualHurdleRate" name="AverageAdjustedCapitalPeriodEqualAnnualHurdleRate" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MaximumInvestmentFromStrategicInvestors" name="MaximumInvestmentFromStrategicInvestors" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_SterlingOvernightIndexAverageMember" name="SterlingOvernightIndexAverageMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_PercentageOfDealerStockholderServicingFee" name="PercentageOfDealerStockholderServicingFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MortgageLoanOnRealEstateYearOriginated" name="MortgageLoanOnRealEstateYearOriginated" type="xbrli:gYearItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_IndustrialNashvilleTnAndAtlantaGaMember" name="IndustrialNashvilleTnAndAtlantaGaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_Multifamily-FortCollinsCOMember" name="Multifamily-FortCollinsCOMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SummaryOfSellingCommissionsDealerManagerFeesAndStockholderServicingFeesTableTextBlock" name="SummaryOfSellingCommissionsDealerManagerFeesAndStockholderServicingFeesTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MortgageSeniorLoansOnRealEstateMember" name="MortgageSeniorLoansOnRealEstateMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SummaryOfSignificantAccountingPoliciesTable" name="SummaryOfSignificantAccountingPoliciesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_AggregateGrossDistributionsDeclaredPerShare" name="AggregateGrossDistributionsDeclaredPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_OrganizationAndOfferingExpensesPolicyTextBlock" name="OrganizationAndOfferingExpensesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AccruedManagementFees" name="AccruedManagementFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_AccruedShareholderServicingFeeDueToAffiliate" name="AccruedShareholderServicingFeeDueToAffiliate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_RelatedPartyPercentageOfCumulativeCoreEarnings" name="RelatedPartyPercentageOfCumulativeCoreEarnings" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_ReturnOfCapitalPerShare" name="ReturnOfCapitalPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MultifamilySpringTxMember" name="MultifamilySpringTxMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_PercentageOfUpfrontSellingCommissions" name="PercentageOfUpfrontSellingCommissions" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_TransitionReport" name="TransitionReport" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_NetCounterpartyExposure" name="NetCounterpartyExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_StockholderServicingFeeThresholdLimitPercentage" name="StockholderServicingFeeThresholdLimitPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AccruedPerformanceFees" name="AccruedPerformanceFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_DebtInstrumentMaximumMaturityDate" name="DebtInstrumentMaximumMaturityDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_IndustrialCanogaParkCAMember" name="IndustrialCanogaParkCAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MultifamilyNewYorkNyMember" name="MultifamilyNewYorkNyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_DerivativeMaturityPeriod" name="DerivativeMaturityPeriod" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MorganStanleyUsRepurchaseFacilityMember" name="MorganStanleyUsRepurchaseFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_CommonClassDMember" name="CommonClassDMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ClassECommonSharesMember" name="ClassECommonSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_PerformanceFees" name="PerformanceFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_AdvisorPaymentForPerformanceFees" name="AdvisorPaymentForPerformanceFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_OrganizationAndOfferingCostsExcludingUpfrontSellingCommissionDealerManagerFeesAndShareholderServicingFees" name="OrganizationAndOfferingCostsExcludingUpfrontSellingCommissionDealerManagerFeesAndShareholderServicingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_MultifamilyBerkeleyCaMember" name="MultifamilyBerkeleyCaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_FinancingFees" name="FinancingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_NumberOfRealEstateLoansOriginated" name="NumberOfRealEstateLoansOriginated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_CapitalGainDistributionPerShare" name="CapitalGainDistributionPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_PercentageOfStockholderServicingFeeOnNavPerAnnum1" name="PercentageOfStockholderServicingFeeOnNavPerAnnum1" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_PercentageOfAdvisorStockholderServicingFee" name="PercentageOfAdvisorStockholderServicingFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MorganStanleyBankNAMember" name="MorganStanleyBankNAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_AllocationToRedeemableNon-ControllingInterests" name="AllocationToRedeemableNon-ControllingInterests" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_ShareholderServicingFeePerCommonShare" name="ShareholderServicingFeePerCommonShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_GainsLossesFromOperationsAndFinancingAbstract" name="GainsLossesFromOperationsAndFinancingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_ProceedsFromIssuanceOfCommonShares" name="ProceedsFromIssuanceOfCommonShares" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_CommissionAndFeesThresholdPercentageOnSaleOfShares" name="CommissionAndFeesThresholdPercentageOnSaleOfShares" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_RemeasurementOfRedeemableCommonStock" name="RemeasurementOfRedeemableCommonStock" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_CommonClassSMember" name="CommonClassSMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_AmortizationOfShareGrants" name="AmortizationOfShareGrants" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_AdvisorFeesPaidInCash" name="AdvisorFeesPaidInCash" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_RedeemableCommonSharesDisclosureTextBlock" name="RedeemableCommonSharesDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_Multifamily-OrlandoFLMember" name="Multifamily-OrlandoFLMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MultifamilySanAntonioTXMember" name="MultifamilySanAntonioTXMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SummaryForComponentsOfOtherAssetsTableTextBlock" name="SummaryForComponentsOfOtherAssetsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_UnrealizedLossOnLoansReceivableAtFairValue" name="UnrealizedLossOnLoansReceivableAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_TrusteesMember" name="TrusteesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MultifamilyHaywardCaMember" name="MultifamilyHaywardCaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_EconomicDependencyDisclosureTextBlock" name="EconomicDependencyDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_NumberOfLoanInvestments" name="NumberOfLoanInvestments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_CommonClassEMember" name="CommonClassEMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_UnrealizedGainLossOnSecuredFinancingsAtFairValue" name="UnrealizedGainLossOnSecuredFinancingsAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_Multifamily-SantaClaraCAMember" name="Multifamily-SantaClaraCAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_GainLossFromOperationsAndFinancing" name="GainLossFromOperationsAndFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_UnrealizedGainLossOnLoansReceivableAtFairValue" name="UnrealizedGainLossOnLoansReceivableAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock" name="OtherAssetsAndOtherLiabilitiesDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_OtherAssetsAndOtherLiabilitiesAbstract" name="OtherAssetsAndOtherLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_IncreaseInAssetPurchases" name="IncreaseInAssetPurchases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_IndependentTrusteesAnnualCompensationPayment" name="IndependentTrusteesAnnualCompensationPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_AccumulatedEarningsAndCumulativeDistributions" name="AccumulatedEarningsAndCumulativeDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_AnnualHurdlePercentage" name="AnnualHurdlePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AccruedOperatingExpenses" name="AccruedOperatingExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_SubscriptionReceivedInAdvance" name="SubscriptionReceivedInAdvance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock" name="PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_ScheduleOfFairValueMeasurementOfLoanReceivableTableTextBlock" name="ScheduleOfFairValueMeasurementOfLoanReceivableTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_PercentageOfManagementFeePaymentOfNetAssetValuePerAnnum" name="PercentageOfManagementFeePaymentOfNetAssetValuePerAnnum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_IndividuallySpecificMortgageLoansMember" name="IndividuallySpecificMortgageLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SelfStorageVariousUnitedStatesMember" name="SelfStorageVariousUnitedStatesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_MortgageLoanOnRealEstateByLoanDisclosureTextBlock" name="MortgageLoanOnRealEstateByLoanDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MaximumCapitalCommitments" name="MaximumCapitalCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_NumberOfBusinessExpirationDays" name="NumberOfBusinessExpirationDays" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_MsInternationalRepurchaseAgreementMember" name="MsInternationalRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_IndustrialMooresvilleNcMember" name="IndustrialMooresvilleNcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_PeriodForReimbursementOfAdvanceExpenses" name="PeriodForReimbursementOfAdvanceExpenses" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_DistributionReinvestment" name="DistributionReinvestment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_ForeignCurrencyTransactionGainLossLoanReceivable" name="ForeignCurrencyTransactionGainLossLoanReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_AssetPurchases" name="AssetPurchases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_DividendsDeclaredPerShareTableTextBlock" name="DividendsDeclaredPerShareTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_ScheduleOfLoansHeldForInvestmentPortfolioTabletextBlock" name="ScheduleOfLoansHeldForInvestmentPortfolioTabletextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_ManagementFees" name="ManagementFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_MultifamilyPhoenixAZMember" name="MultifamilyPhoenixAZMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_WfRepurchaseAgreementMember" name="WfRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_AccruedOfferingCosts" name="AccruedOfferingCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_ClassDCommonSharesMember" name="ClassDCommonSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_WellsFargoBankNAMember" name="WellsFargoBankNAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_DueToAdvisor" name="DueToAdvisor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_AggregatePurchaseAmount" name="AggregatePurchaseAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_ForeignCurrencyTransactionGainLossOnSecuredFinancings" name="ForeignCurrencyTransactionGainLossOnSecuredFinancings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_SecuredFinancingsAtFairValue" name="SecuredFinancingsAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0001986395_IndependentTrusteesMember" name="IndependentTrusteesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_SubscriptionsReceivedInAdvance" name="SubscriptionsReceivedInAdvance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0001986395_StockRepurchaseProgramQuarterlyPercentageOfNetAssetValueMaximum" name="StockRepurchaseProgramQuarterlyPercentageOfNetAssetValueMaximum" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0001986395_AdvisoryAgreementMember" name="AdvisoryAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0001986395_OrganizationCosts1" name="OrganizationCosts1" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
</xsd:schema>
