v3.26.1
Related Party Transactions - Additional Information (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Related Party Transaction [Line Items]          
Reimbursement period of initial retail closing     60 months    
General and administrative expenses and debt issuances costs     $ 300,000    
Advanced operating expenses [1] $ 11,410,000   11,410,000   $ 5,507,000
Performance fee payable 433,000   433,000    
Advanced organizational expenses [2] 2,652,000   $ 2,652,000   2,484,000
General and administrative expenses and debt issuance costs repayment period     60 months    
Percentage of principal loan drawn     0.50%    
Net origination fees 1,200,000 $ 0 $ 3,600,000 $ 0  
Net origination fee income owed to advisor 613,000 0 1,765,000 0  
Accrued shareholder servicing fees 7,390,000   7,390,000   1,101,000
Shareholder servicing fees payable     6,289,000 0  
Shareholder service fees paid 100,000   $ 100,000    
Class S shares          
Related Party Transaction [Line Items]          
Shareholder servicing fees     0.85%    
Class T shares          
Related Party Transaction [Line Items]          
Shareholder servicing fees     0.85%    
Class D shares          
Related Party Transaction [Line Items]          
Percentage of stockholder servicing fee net asset value     0.25%    
Class E shares          
Related Party Transaction [Line Items]          
Accrued shareholder servicing fees 0   $ 0    
Class F-S shares          
Related Party Transaction [Line Items]          
Shareholder servicing fees     0.85%    
Class F-D shares          
Related Party Transaction [Line Items]          
Percentage of stockholder servicing fee net asset value     0.25%    
Advisors          
Related Party Transaction [Line Items]          
Percentage of cumulative core earnings     12.50%    
Percentage annual hurdle rate     5.00%    
Related Party Transaction, Description of Transaction     Performance Measurement Period is equal to 5.714% (the result of (i) the Annual Hurdle Rate divided by (ii) 0.875 (or 1 minus 0.125)).    
Percentage catch up provision     100.00%    
Percentage of catch up fee     100.00%    
Percentage of capital quarter performance measurement period     5.714%    
Offering costs 600,000   $ 1,300,000    
Reimbursement period of initial retail closing     60 months    
Operating expense 5,100,000   $ 5,100,000   4,800,000
Advanced operating expenses 11,400,000   11,400,000   5,500,000
Performance fees incurred 300,000 $ 0 400,000 $ 0  
Performance fee payable 400,000   400,000    
Advanced organizational expenses 2,700,000   2,700,000   2,500,000
Eligible offering costs reimbursement 500,000   1,100,000    
Offering expenses due to advisors 4,900,000   4,900,000   3,600,000
Operating expense represent entitled to reimbursement 6,300,000   6,300,000   2,100,000
Operating expenses reimbursement 900,000   $ 1,900,000    
Advisors | Class S shares          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Advisors | Class T shares          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Shareholder servicing fees     0.65%    
Advisors | Class D shares          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Advisors | Class I shares          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Advisors | Class F-S shares | Period Beginning on Initial Retail Closing until First Anniversary of Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.00%    
Advisors | Class F-S shares | Period from Reduced Fee Expiration Date until Fifth Anniversary Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.75%    
Advisors | Class F-S shares | Thereafter          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Advisors | Class F-D shares | Period Beginning on Initial Retail Closing until First Anniversary of Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.00%    
Advisors | Class F-D shares | Period from Reduced Fee Expiration Date until Fifth Anniversary Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.75%    
Advisors | Class F-D shares | Thereafter          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Advisors | Class F-I shares | Period Beginning on Initial Retail Closing until First Anniversary of Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.00%    
Advisors | Class F-I shares | Period from Reduced Fee Expiration Date until Fifth Anniversary Initial Retail Closing          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     0.75%    
Advisors | Class F-I shares | Thereafter          
Related Party Transaction [Line Items]          
Percentage of management fee payment of NAV     1.25%    
Dealer Manager          
Related Party Transaction [Line Items]          
Accrued shareholder servicing fees 7,400,000   $ 7,400,000   $ 1,100,000
Shareholder servicing fees payable 4,000,000   $ 6,400,000    
Dealer Manager | Class S shares          
Related Party Transaction [Line Items]          
Upfront selling commissions     3.50%    
Dealer Manager | Class T shares          
Related Party Transaction [Line Items]          
Percentage Of upfront manager fees     0.50%    
Maximum percentage of upfront selling commission and manager fee received by dealer     3.50%    
Shareholder servicing fees     0.20%    
Dealer Manager | Class T shares | Maximum [Member]          
Related Party Transaction [Line Items]          
Upfront selling commissions     3.00%    
Dealer Manager | Class D shares          
Related Party Transaction [Line Items]          
Upfront selling commissions     1.50%    
Dealer Manager | Class I shares          
Related Party Transaction [Line Items]          
Percentage of upfront manager fees of the transaction price     0.00%    
Dealer Manager | Class E shares          
Related Party Transaction [Line Items]          
Percentage of upfront manager fees of the transaction price     0.00%    
Dealer Manager | Class F-S shares          
Related Party Transaction [Line Items]          
Upfront selling commissions     3.50%    
Dealer Manager | Class F-D shares          
Related Party Transaction [Line Items]          
Upfront selling commissions     1.50%    
Dealer Manager | Class F-I shares          
Related Party Transaction [Line Items]          
Percentage of upfront manager fees of the transaction price     0.00%    
Monticello Advisor          
Related Party Transaction [Line Items]          
Net origination fee income owed to advisor 600,000   $ 1,800,000    
Monticello Advisor | Loan Servicing Fee          
Related Party Transaction [Line Items]          
Related Party Transaction Amounts of Transaction $ 300,000   $ 500,000    
[1] The Company will reimburse the Advisors for certain expenses advanced through July 1, 2026, which is the first anniversary of the Initial Retail Closing of the Private Offering, ratably over the 60 months following July 1, 2026. As of June 30, 2026 and December 31, 2025, certain reimbursable general and administrative expenses included $5.1 million and $4.8 million, respectively, related to certain operating expense reimbursement subjected to the 60 month repayment schedule.
[2] The Company will reimburse the Advisors for certain expenses advanced through July 1, 2026, which is the first anniversary of the Initial Retail Closing of the Private Offering, ratably over the 60 months following July 1, 2026.