v3.26.1
Real Estate Loan Investments, at Fair Value - Schedule of Real Estate Loan Investments at Fair Value by Property Type (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Fair Value $ 793,499 $ 561,965
Percentage 100.00% 100.00%
Senior Housing    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Fair Value $ 540,128 $ 360,878
Percentage 68.10% 64.20%
Multifamily    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Fair Value $ 253,371 $ 201,087
Percentage 31.90% 35.80%