v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investments in properties, net $ 26,269,316 $ 26,971,814
Investment in Datacom Joint Venture 34,861,734 40,122,786
Cash and cash equivalents 42,044,304 2,512,642
Tenant and other receivables 752,865 329,454
Prepaid and other assets, net 2,609,890 5,086,505
Due from affiliates $ 104,154 $ 245,702
Other Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Intangible assets, net $ 5,332,835 $ 5,918,194
Assets related to discontinued operations   39,424,961
Total assets 111,975,098 120,612,058
Liabilities and Equity    
Loan payable 18,340,795 16,650,000
Accounts payable and accrued liabilities 1,523,344 1,363,562
Interest expense payable 28,818 58,695
Redemptions payable 2,081,338 764,712
Distributions payable 364,209 548,514
Due to affiliates $ 2,330,214 $ 728,290
Other Liability, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Performance participation allocation payable to affiliate $ 948,118 $ 948,118
Deferred rental revenue 89,927  
Intangible lease liabilities, net 629,374 881,124
Liabilities related to discontinued operations   17,270,538
Total liabilities 26,336,137 39,213,553
Commitments and contingencies (Note 13)
Equity    
Additional paid-in-capital 113,785,361 97,708,275
Accumulated deficit and cumulative distributions (34,627,996) (28,660,011)
Total stockholders' equity 79,265,640 69,150,036
Non-controlling interests in the Operating Partnership 6,373,321 12,248,469
Total equity 85,638,961 81,398,505
Total liabilities and equity 111,975,098 120,612,058
Class A shares    
Equity    
Common stock 44,462 49,906
Class AX shares    
Equity    
Common stock 13,875 14,238
Class D shares    
Equity    
Common stock
Class DX shares    
Equity    
Common stock
Class I shares    
Equity    
Common stock 34,286 18,283
Class IX shares    
Equity    
Common stock 15,071 19,345
Class S shares    
Equity    
Common stock
Class T shares    
Equity    
Common stock $ 581