v3.26.1
Segment Reporting - Summary of Financial Results by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Rental revenue $ 29,339 $ 13,236 $ 59,010 $ 21,505
Rental revenue 29,339 13,236 59,010 21,505
Expenses        
Rental property operating 11,431 4,436 22,722 7,469
Income from investments in real estate debt 4,836 2,084 10,018 3,562
Income from investments in real estate-related and other securities 160 1,053 183 2,134
Segment net operating income (loss) 22,904 11,937 46,489 19,732
Depreciation and amortization (13,141) (8,132) (28,089) (11,690)
General and administrative (1,500) (1,551) (3,345) (3,198)
Mandatorily redeemable instruments interest costs (12) (1,552) (585) (2,738)
Interest expense (8,634) (2,992) (17,944) (5,480)
Other income, net 1,391 2,230 1,505 4,973
Net income (loss) 1,008 (60) (1,969) 1,599
Net loss attributable to non-controlling interests in consolidated joint ventures (76) (92) (275) (113)
Net (loss) income attributable to JPMREIT stockholders, basic 1,084 32 (1,694) 1,712
Multifamily | Operating Segments        
Revenues        
Rental revenue 16,381 6,350 32,190 10,544
Rental revenue 16,381 6,350 32,190 10,544
Expenses        
Rental property operating 7,969 2,684 15,433 4,269
Income from investments in real estate debt 0 0 0 0
Income from investments in real estate-related and other securities 0 0 0 0
Segment net operating income (loss) 8,412 3,666 16,757 6,275
Depreciation and amortization (5,926) (3,127) (13,093) (4,762)
Industrial | Operating Segments        
Revenues        
Rental revenue 8,731 4,487 18,338 6,450
Rental revenue 8,731 4,487 18,338 6,450
Expenses        
Rental property operating 1,600 656 3,652 956
Income from investments in real estate debt 0 0 0 0
Income from investments in real estate-related and other securities 0 0 0 0
Segment net operating income (loss) 7,131 3,831 14,686 5,494
Depreciation and amortization (5,380) (3,354) (11,234) (4,303)
Single-family rental | Operating Segments        
Revenues        
Rental revenue 852 726 1,871 1,329
Rental revenue 852 726 1,871 1,329
Expenses        
Rental property operating 539 474 1,028 958
Income from investments in real estate debt 0 0 0 0
Income from investments in real estate-related and other securities 0 0 0 0
Segment net operating income (loss) 313 252 843 371
Depreciation and amortization (385) (384) (769) (769)
Retail | Operating Segments        
Revenues        
Rental revenue 3,086 1,673 6,323 3,182
Rental revenue 3,086 1,673 6,323 3,182
Expenses        
Rental property operating 1,253 622 2,539 1,286
Income from investments in real estate debt 0 0 0 0
Income from investments in real estate-related and other securities 0 0 0 0
Segment net operating income (loss) 1,833 1,051 3,784 1,896
Depreciation and amortization (1,450) (1,267) (2,993) (1,856)
Office | Operating Segments        
Revenues        
Rental revenue 289   288  
Rental revenue 289   288  
Expenses        
Rental property operating 70   70  
Income from investments in real estate debt 0   0  
Income from investments in real estate-related and other securities 0   0  
Segment net operating income (loss) 219   218  
Depreciation and amortization 0   0  
Investments in real estate debt, real estate-related and other securities | Operating Segments        
Revenues        
Rental revenue       0
Rental revenue       0
Expenses        
Rental property operating 0 0 0 0
Income from investments in real estate debt 4,836 2,084 10,018 3,562
Income from investments in real estate-related and other securities 160 1,053 183 2,134
Segment net operating income (loss) 4,996 3,137 10,201 5,696
Depreciation and amortization $ 0 $ 0 $ 0 $ 0