v3.26.1
Summary of Significant Accounting Policies - Additional Information (Details)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
Installment
Segment
$ / shares
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
$ / shares
Dec. 01, 2024
USD ($)
Dec. 01, 2023
$ / shares
Summary of Significant Accounting Policies [Line items]          
Common shares, par value | $ / shares $ 0.01        
Organization and offering expenses       $ 3.2  
Offering costs       2.4  
Organization costs       $ 0.8  
Number of monthly installments in reimbursing operating expenses | Installment 60        
Minimum REIT distribution percentage 90.00%        
Segment Reporting, Expense Information Used by CODM, Description The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer, who allocates resources and evaluates performance on a consolidated basis. Net income is the primary measure of segment profit and loss. The CODM regularly reviews significant expenses and components of net income as presented on the Condensed Consolidated Statements of Operations, as well as asset-level information on the Company’s loan portfolio as reflected in Loans receivable, at fair value on the Condensed Consolidated Balance Sheets.        
Segment Reporting, Expense Information Used by CODM, Type [Extensible Enumeration] srt:ChiefExecutiveOfficerMember        
Number of operating segments | Segment 1        
Class T Shares [Member]          
Summary of Significant Accounting Policies [Line items]          
Common shares, par value | $ / shares         $ 0.01
Percentage of stockholder servicing fee on NAV per annum 0.85%        
Percentage of advisor stockholder servicing fee 0.65%        
Percentage of dealer stockholder servicing fee 0.20%        
Percentage of upfront selling commissions 3.00%        
Percentage of dealer manager fees 0.50%        
Commission and fees threshold percentage on sale of shares 3.50%        
Class S shares [Member]          
Summary of Significant Accounting Policies [Line items]          
Common shares, par value | $ / shares $ 0.01   $ 0.01   0.01
Percentage of stockholder servicing fee on NAV per annum 0.85%        
Percentage of upfront selling commissions 3.50%        
Class D Shares [Member]          
Summary of Significant Accounting Policies [Line items]          
Common shares, par value | $ / shares         $ 0.01
Percentage of stockholder servicing fee on NAV per annum 0.25%        
Advisor [Member]          
Summary of Significant Accounting Policies [Line items]          
Organization costs $ 0.8   $ 0.8    
Advisor [Member] | Class E shares [Member]          
Summary of Significant Accounting Policies [Line items]          
Advisor payment for performance fees $ 1.0 $ 0.6      
Advisor [Member] | Affiliated Entity [Member]          
Summary of Significant Accounting Policies [Line items]          
Number of monthly installments in reimbursing advance expenses | Installment 60