| Schedule of related party transactions |
| | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | Six Months Ended June 30, | | | | | | 2026 | | 2025 | | | | 2026 | | 2025 | | Fees | | Entity | | Incurred | | Incurred | | Entity | | Incurred | | Incurred | | Offering costs | | SCD | | $ | — | | $ | 351,007 | | SCD | | $ | — | | $ | 1,456,946 | | Selling commissions, dealer manager, and stockholder servicing fees | | SCD | | | — | | | (2,618) | | SCD | | | 10,675 | | | 17,791 | | Asset management fees | | SWIFA | | | 335,833 | | | 365,855 | | SWIFA | | | 686,342 | | | 733,342 | | Property management Fees | | SWIFA | | | 8,679 | | | — | | SWIFA | | | 21,210 | | | — | | Reimbursable operating expenses | | SWIFA | | | 61,221 | | | 270,324 | | SWIFA | | | 204,572 | | | 270,324 | | Total | | | | $ | 405,733 | | $ | 984,568 | | | | $ | 922,799 | | $ | 2,478,403 | |
| | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Fees | | Entity | | Payable | | Payable | | Offering costs | | SCD | | $ | 160,341 | | $ | 681,881 | | Selling commissions, dealer manager, and stockholder servicing fees | | SCD | | | 39,335 | | | 32,717 | | Asset management fees | | SWIFA | | | 336,154 | | | 549,457 | | Property management fees | | SWIFA | | | 8,679 | | | 88,144 | | Operating expense reimbursement and other payables | | SWIFA | | | 253,338 | | | 978,015 | | Total | | | | $ | 797,847 | | $ | 2,330,214 | |
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