Loan Receivables Held for Investment - Schedule Of Company's Investments In Loan Receivables Held For Investment (Detail) - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2025 |
Dec. 31, 2024 |
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Total Commitment |
|
$ 1,164,911
|
|
$ 905,954
|
|
| Loan Balance |
|
1,114,225
|
|
871,503
|
|
| Carrying Value |
|
$ 1,107,555
|
|
$ 867,687
|
|
| Loan 1 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
Dec. 17, 2021
|
|
Dec. 17, 2021
|
|
| Total Commitment |
|
$ 29,276
|
|
$ 29,276
|
|
| Loan Balance |
|
$ 29,276
|
|
$ 29,276
|
|
| Contractual Interest Rate |
|
SOFR + 3.06
|
|
SOFR + 3.06
|
|
| Loans receivable basis spread on variable rate |
|
3.06%
|
|
3.06%
|
|
| Carrying Value |
|
$ 29,276
|
|
$ 29,276
|
|
| Interest rate |
|
6.84%
|
[1] |
7.54%
|
[2] |
| Maturity Date |
|
Jan. 10, 2026
|
|
Jan. 10, 2026
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 1 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
Multifamily
|
|
| Loan 3 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
|
|
Loan origination
|
|
| Origination Date |
|
|
|
Feb. 14, 2022
|
|
| Total Commitment |
|
|
|
$ 42,750
|
|
| Loan Balance |
|
|
|
$ 41,000
|
|
| Contractual Interest Rate |
|
|
|
SOFR + 6.50
|
|
| Loans receivable basis spread on variable rate |
|
|
|
6.50%
|
|
| Carrying Value |
|
|
|
$ 40,971
|
|
| Interest rate |
[2] |
|
|
10.98%
|
|
| Maturity Date |
|
|
|
Mar. 10, 2025
|
|
| Payment Terms |
|
|
|
Interest only
|
|
| Loan 3 [Member] | Hospitality [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
|
|
Hospitality
|
|
| Loan 5 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
Jul. 14, 2022
|
|
Jul. 14, 2022
|
|
| Total Commitment |
|
$ 55,935
|
|
$ 55,935
|
|
| Loan Balance |
|
$ 55,935
|
|
$ 55,935
|
|
| Contractual Interest Rate |
|
SOFR + 4.25
|
|
SOFR + 4.25
|
|
| Loans receivable basis spread on variable rate |
|
4.25%
|
|
4.25%
|
|
| Carrying Value |
|
$ 55,935
|
|
$ 55,935
|
|
| Interest rate |
|
8.07%
|
[1] |
8.78%
|
[2] |
| Maturity Date |
|
Aug. 05, 2026
|
|
Aug. 05, 2025
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 5 [Member] | Office [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Office
|
|
Office
|
|
| Loan 6 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Purchase
|
|
Purchase
|
|
| Origination Date |
|
Jul. 07, 2022
|
|
Jul. 07, 2022
|
|
| Total Commitment |
|
$ 27,748
|
|
$ 27,748
|
|
| Loan Balance |
|
$ 27,748
|
|
$ 27,748
|
|
| Contractual Interest Rate |
|
SOFR + 4.75
|
|
SOFR + 4.75
|
|
| Loans receivable basis spread on variable rate |
|
4.75%
|
|
4.75%
|
|
| Carrying Value |
|
$ 27,748
|
|
$ 27,715
|
|
| Interest rate |
|
8.52%
|
[1] |
9.23%
|
[2] |
| Maturity Date |
|
Jul. 05, 2026
|
|
Jul. 05, 2025
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 6 [Member] | Hospitality [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Hospitality
|
|
Hospitality
|
|
| Loan 7 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
|
|
Purchase
|
|
| Origination Date |
|
|
|
Nov. 22, 2022
|
|
| Total Commitment |
|
|
|
$ 25,224
|
|
| Loan Balance |
|
|
|
$ 19,625
|
|
| Contractual Interest Rate |
|
|
|
SOFR + 9.05
|
|
| Loans receivable basis spread on variable rate |
|
|
|
9.05%
|
|
| Carrying Value |
|
|
|
$ 19,625
|
|
| Interest rate |
[2] |
|
|
13.53%
|
|
| Maturity Date |
|
|
|
Jul. 10, 2024
|
|
| Payment Terms |
|
|
|
Interest only
|
|
| Loan 7 [Member] | Mixed Use [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
|
|
Mixed Use
|
|
| Loan 8 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
Mar. 10, 2023
|
|
Mar. 10, 2023
|
|
| Total Commitment |
|
$ 35,800
|
|
$ 35,800
|
|
| Loan Balance |
|
$ 35,558
|
|
$ 34,692
|
|
| Contractual Interest Rate |
|
SOFR + 3.50
|
|
SOFR + 3.50
|
|
| Loans receivable basis spread on variable rate |
|
3.50%
|
|
3.50%
|
|
| Carrying Value |
|
$ 35,533
|
|
$ 34,540
|
|
| Interest rate |
|
7.27%
|
[1] |
7.98%
|
[2] |
| Maturity Date |
|
Mar. 10, 2026
|
|
Mar. 10, 2026
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 8 [Member] | Industrial Property [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Industrial
|
|
Industrial
|
|
| Loan 9 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Purchase
|
|
Purchase
|
|
| Origination Date |
|
Mar. 31, 2023
|
|
Mar. 31, 2023
|
|
| Total Commitment |
|
$ 105,256
|
|
$ 157,509
|
|
| Loan Balance |
|
$ 105,256
|
|
$ 157,509
|
|
| Contractual Interest Rate |
|
SOFR + 2.25
|
|
SOFR + 2.25
|
|
| Loans receivable basis spread on variable rate |
|
2.25%
|
|
2.25%
|
|
| Carrying Value |
|
$ 105,256
|
|
$ 157,509
|
|
| Interest rate |
|
6.00%
|
[1] |
6.65%
|
[2] |
| Maturity Date |
|
Aug. 09, 2026
|
|
Aug. 09, 2025
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 9 [Member] | Student Housing [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Student Housing
|
|
Student Housing
|
|
| Loan 10 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
|
|
Loan origination
|
|
| Origination Date |
|
|
|
Aug. 31, 2023
|
|
| Total Commitment |
|
|
|
$ 86,300
|
|
| Loan Balance |
|
|
|
$ 85,000
|
|
| Contractual Interest Rate |
|
|
|
SOFR + 2.90
|
|
| Loans receivable basis spread on variable rate |
|
|
|
2.90%
|
|
| Carrying Value |
|
|
|
$ 84,493
|
|
| Interest rate |
[2] |
|
|
7.38%
|
|
| Maturity Date |
|
|
|
Sep. 10, 2026
|
|
| Payment Terms |
|
|
|
Interest only
|
|
| Loan 10 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
|
|
Multifamily
|
|
| Loan 11 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
|
|
Loan origination
|
|
| Origination Date |
|
|
|
Nov. 02, 2023
|
|
| Total Commitment |
|
|
|
$ 146,000
|
|
| Loan Balance |
|
|
|
$ 132,885
|
|
| Contractual Interest Rate |
|
|
|
SOFR + 5.50
|
|
| Loans receivable basis spread on variable rate |
|
|
|
5.50%
|
|
| Carrying Value |
|
|
|
$ 132,228
|
|
| Interest rate |
[2] |
|
|
9.98%
|
|
| Maturity Date |
|
|
|
Nov. 10, 2025
|
|
| Payment Terms |
|
|
|
Interest only
|
|
| Loan 11 [Member] | Mixed Use [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
|
|
Mixed Use
|
|
| Loan 12 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
May 07, 2024
|
|
May 07, 2024
|
|
| Total Commitment |
|
$ 30,000
|
|
$ 30,000
|
|
| Loan Balance |
|
$ 30,000
|
|
$ 30,000
|
|
| Contractual Interest Rate |
|
SOFR + 4.00
|
|
SOFR + 4.00
|
|
| Loans receivable basis spread on variable rate |
|
4.00%
|
|
4.00%
|
|
| Carrying Value |
|
$ 29,854
|
|
$ 29,758
|
|
| Interest rate |
|
7.77%
|
[1] |
8.48%
|
[2] |
| Maturity Date |
|
May 10, 2027
|
|
May 10, 2027
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 12 [Member] | Hospitality [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Hospitality
|
|
Hospitality
|
|
| Loan 13 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
|
|
Loan origination
|
|
| Origination Date |
|
|
|
May 16, 2024
|
|
| Total Commitment |
|
|
|
$ 110,000
|
|
| Loan Balance |
|
|
|
$ 100,063
|
|
| Contractual Interest Rate |
|
|
|
SOFR + 4.25
|
|
| Loans receivable basis spread on variable rate |
|
|
|
4.25%
|
|
| Carrying Value |
|
|
|
$ 99,275
|
|
| Interest rate |
[2] |
|
|
8.73%
|
|
| Maturity Date |
|
|
|
Jun. 10, 2026
|
|
| Payment Terms |
|
|
|
Interest only
|
|
| Loan 13 [Member] | Mixed Use [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
|
|
Mixed Use
|
|
| Loan 14 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
Jun. 11, 2024
|
|
Jun. 11, 2024
|
|
| Total Commitment |
|
$ 100,000
|
|
$ 100,000
|
|
| Loan Balance |
|
$ 100,000
|
|
$ 98,770
|
|
| Contractual Interest Rate |
|
SOFR + 3.75
|
|
SOFR + 3.75
|
|
| Loans receivable basis spread on variable rate |
|
3.75%
|
|
3.75%
|
|
| Carrying Value |
|
$ 99,502
|
|
$ 97,945
|
|
| Interest rate |
|
7.52%
|
[1] |
8.23%
|
[2] |
| Maturity Date |
|
Jul. 10, 2027
|
|
Jul. 10, 2027
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 14 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
Multifamily
|
|
| Loan 15 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
Loan origination
|
|
| Origination Date |
|
Dec. 17, 2024
|
|
Dec. 17, 2024
|
|
| Total Commitment |
|
$ 58,773
|
|
$ 59,412
|
|
| Loan Balance |
|
$ 58,721
|
|
$ 59,000
|
|
| Contractual Interest Rate |
|
SOFR + 4.50
|
|
SOFR + 4.50
|
|
| Loans receivable basis spread on variable rate |
|
4.50%
|
|
4.50%
|
|
| Carrying Value |
|
$ 58,408
|
|
$ 58,417
|
|
| Interest rate |
|
8.28%
|
[1] |
8.88%
|
[2] |
| Maturity Date |
|
Jan. 09, 2027
|
|
Jan. 09, 2027
|
|
| Payment Terms |
|
Interest only
|
|
Interest only
|
|
| Loan 15 [Member] | Office [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Office
|
|
Office
|
|
| Loan 16 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Feb. 11, 2025
|
|
|
|
| Total Commitment |
|
$ 65,155
|
|
|
|
| Loan Balance |
|
$ 62,501
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.35
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.35%
|
|
|
|
| Carrying Value |
|
$ 62,092
|
|
|
|
| Interest rate |
[1] |
6.13%
|
|
|
|
| Maturity Date |
|
Mar. 09, 2027
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 16 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
|
|
| Loan 17 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Feb. 11, 2025
|
|
|
|
| Total Commitment |
|
$ 79,650
|
|
|
|
| Loan Balance |
|
$ 68,908
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.45
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.45%
|
|
|
|
| Carrying Value |
|
$ 68,408
|
|
|
|
| Interest rate |
[1] |
6.23%
|
|
|
|
| Maturity Date |
|
Mar. 09, 2027
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 17 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
|
|
| Loan 18 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Mar. 26, 2025
|
|
|
|
| Total Commitment |
|
$ 81,900
|
|
|
|
| Loan Balance |
|
$ 77,508
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.35
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.35%
|
|
|
|
| Carrying Value |
|
$ 76,873
|
|
|
|
| Interest rate |
[1] |
6.13%
|
|
|
|
| Maturity Date |
|
Apr. 09, 2028
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 18 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
|
|
| Loan 19 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Jun. 05, 2025
|
|
|
|
| Total Commitment |
|
$ 49,300
|
|
|
|
| Loan Balance |
|
$ 35,167
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 4.15
|
|
|
|
| Loans receivable basis spread on variable rate |
|
4.15%
|
|
|
|
| Carrying Value |
|
$ 34,768
|
|
|
|
| Interest rate |
[1] |
7.93%
|
|
|
|
| Maturity Date |
|
Jun. 09, 2028
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 19 [Member] | Office [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Office
|
|
|
|
| Loan 20 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Jun. 30, 2025
|
|
|
|
| Total Commitment |
|
$ 123,000
|
|
|
|
| Loan Balance |
|
$ 120,000
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.10
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.10%
|
|
|
|
| Carrying Value |
|
$ 119,060
|
|
|
|
| Interest rate |
[1] |
5.88%
|
|
|
|
| Maturity Date |
|
Jul. 09, 2027
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 20 [Member] | Industrial Property [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Industrial
|
|
|
|
| Loan 21 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Jul. 21, 2025
|
|
|
|
| Total Commitment |
|
$ 26,562
|
|
|
|
| Loan Balance |
|
$ 26,562
|
|
|
|
| Contractual Interest Rate |
|
9.35
|
|
|
|
| Carrying Value |
|
$ 26,332
|
|
|
|
| Interest rate |
[1] |
9.35%
|
|
|
|
| Maturity Date |
|
Dec. 01, 2028
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 21 [Member] | Hospitality [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Hospitality
|
|
|
|
| Loan 22 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Jul. 31, 2025
|
|
|
|
| Total Commitment |
|
$ 112,000
|
|
|
|
| Loan Balance |
|
$ 112,000
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.40
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.40%
|
|
|
|
| Carrying Value |
|
$ 111,036
|
|
|
|
| Interest rate |
[1] |
6.18%
|
|
|
|
| Maturity Date |
|
Aug. 09, 2028
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 22 [Member] | Multifamily [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Multifamily
|
|
|
|
| Loan 23 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Sep. 26, 2025
|
|
|
|
| Total Commitment |
|
$ 110,500
|
|
|
|
| Loan Balance |
|
$ 97,395
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 2.85
|
|
|
|
| Loans receivable basis spread on variable rate |
|
2.85%
|
|
|
|
| Carrying Value |
|
$ 96,387
|
|
|
|
| Interest rate |
[1] |
6.63%
|
|
|
|
| Maturity Date |
|
Oct. 09, 2028
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 23 [Member] | Office [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Office
|
|
|
|
| Loan 24 [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Investment Type |
|
Loan origination
|
|
|
|
| Origination Date |
|
Oct. 17, 2025
|
|
|
|
| Total Commitment |
|
$ 74,056
|
|
|
|
| Loan Balance |
|
$ 71,690
|
|
|
|
| Contractual Interest Rate |
|
SOFR + 3.15
|
|
|
|
| Loans receivable basis spread on variable rate |
|
3.15%
|
|
|
|
| Carrying Value |
|
$ 71,087
|
|
|
|
| Interest rate |
[1] |
6.93%
|
|
|
|
| Maturity Date |
|
Nov. 09, 2027
|
|
|
|
| Payment Terms |
|
Interest only
|
|
|
|
| Loan 24 [Member] | Office [Member] |
|
|
|
|
|
| Disclosure In Tabular Form Of Loans Receivable Held For Investment [Line Items] |
|
|
|
|
|
| Loan Type |
|
Office
|
|
|
|
|
|