Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2025

As authorized by the board of directors of the Company, on January 9, 2026, the Company declared the following distributions for each class of the Company’s common stock and Class I and Class T operating partnership units as rounded to the nearest four decimal places (5.00% of NAV per share class on an annual basis):


	December Gross Distribution
Class I Shares		0.08378
Class D Shares		0.08013
Class S Shares		0.06950
Class T Shares		0.06950
Class IX Shares		0.08378
Class AX Shares		0.08378
Class TX Shares		0.06705
Class I Operating Partnership Units		0.08374
Class T Operating Partnership Units		0.06948

As authorized by the board of directors of the Company, on February 6, 2026, the Company declared the following distributions for each class of the Company’s common stock and Class I and Class T operating partnership units as rounded to the nearest four decimal places (5.00% of NAV per share class on an annual basis):


	January Gross Distribution
Class I Shares		0.08536
Class D Shares		0.08109
Class S Shares		0.07082
Class T Shares		0.07082
Class IX Shares		0.08536
Class AX Shares		0.08536
Class TX Shares		0.06826
Class I Operating Partnership Units		0.08536
Class T Operating Partnership Units		0.07081

As authorized by the board of directors of the Company, on March 6, 2026, the Company declared the following distributions for each class of the Company’s common stock and Class I and Class T operating partnership units as rounded to the nearest four decimal places (5.00% of NAV per share class on an annual basis):


	February Gross Distribution
Class I Shares		0.07710
Class D Shares		0.07323
Class S Shares		0.06391
Class T Shares		0.06391
Class IX Shares		0.07710
Class AX Shares		0.07710
Class TX Shares		0.06159
Class I Operating Partnership Units		0.07710
Class T Operating Partnership Units		0.06390