v3.26.1
Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Components of due to affiliates

The following table details the components of due to affiliates:

 

 

March 31, 2026

 

 

December 31, 2025

 

Accrued shareholder servicing fees

 

$

48,000

 

 

$

43,118

 

Performance participation allocation payable

 

 

4,068

 

 

 

—

 

Advanced operating expenses

 

 

4,112

 

 

 

4,371

 

Advanced organization and offering expenses

 

 

1,850

 

 

 

1,966

 

Management fee payable

 

 

775

 

 

 

—

 

Due to affiliates

 

$

58,805

 

 

$

49,455

 
Summary of Expenses Advanced by the Adviser and Reimbursements

The table below summarizes expenses advanced by the Adviser and reimbursements made by the Company as of March 31, 2026 and December 31, 2025:

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Expense Type

 

Amount Advanced

 

 

Amount Reimbursed

 

 

Remaining Balance

 

 

Amount Advanced

 

 

Amount Reimbursed

 

 

Remaining Balance

 

Operating

 

$

5,147

 

 

$

1,035

 

 

$

4,112

 

 

$

5,147

 

 

$

776

 

 

$

4,371

 

Organization and offering

 

 

2,315

 

 

 

465

 

 

 

1,850

 

 

 

2,315

 

 

 

349

 

 

 

1,966

 

Total:

 

$

7,462

 

 

$

1,500

 

 

$

5,962

 

 

$

7,462

 

 

$

1,125

 

 

$

6,337