v3.26.3
RELATED PARTY TRANSACTIONS - Related Party Expenses (Details) - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
RELATED PARTY TRANSACTIONS [Abstract]    
Asset management fees- the Real Estate Adviser $ 3,389,022 $ 3,449,487
Asset management fees- the Real Estate Adviser 1,611,895 0
Bonus management fees - the Real Estate Adviser 26,876 0
Bonus management fees - the Real Estate Adviser 26,876 0
Administrative cost reimbursements - MacKenzie 881,000 669,855
Administrative cost reimbursements - MacKenzie 0 0
Asset acquisition fees- the Real Estate Adviser [1] 0 292,000
Asset acquisition fees- the Real Estate Adviser [1] 0 0
Transfer agent cost reimbursements - MacKenzie 0 6,145
Transfer agent cost reimbursements - MacKenzie 0 0
Organization & Offering Cost - MacKenzie [2] 401,369 49,680
Organization & Offering Cost - MacKenzie [2] 451,049 49,680
Other expenses - MacKenzie and Subsidiary’s GPs [3] 0 0
Other expenses - MacKenzie and Subsidiary’s GPs [3] 107,803 118,084
Due to related entities $ 2,197,623 $ 167,764
[1] Asset acquisition fees paid to the Real Estate Adviser were capitalized as a part of the real estate basis in accordance with our policy. The acquisition fee paid during the year ended June 30, 2025 was for the acquisition of Green Valley Medical Center in August 2024.
[2] Offering costs paid by MacKenzie - discussed in this Note under organization and offering costs reimbursements.
[3] Expenses paid by MacKenzie and General Partner of a subsidiary on behalf of us and subsidiary.