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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Investment in real estate, net of accumulated depreciation of $18,256,155 and $8,590,986, respectively $ 609,708,084 $ 154,790,052
Cash and cash equivalents 19,026,144 33,524,830
Investments in real estate-related assets 31,458,326 31,966,940
Intangible assets, net of accumulated amortization of $10,903,590 and $4,110,547, respectively 61,583,894 18,576,118
Operating lease right-of-use asset 16,466,271  
Prepaid expenses and other assets 5,701,723 431,768
Deferred rent receivable 5,716,375 1,788,266
Stock subscriptions receivable 419,684 0
Due from related party 415,835 275,464
Accrued preferred return receivable 81,018  
Accrued income from mezzanine loan investment 72,498  
Total assets 750,649,852 241,353,438
Liabilities    
Loans payable, net of deferred financing costs of $3,798,470 and $764,753, respectively 356,088,714 83,380,431
Intangible liabilities, net of accumulated amortization of $2,201,745 and $1,264,464, respectively 9,285,256 7,800,852
Operating lease liability 16,466,271  
Distributions payable 6,311,100 1,595,148
Restricted reserves 3,932,628 200,487
Due to related parties 2,109,833 1,438,450
Deferred revenue 1,404,670 570,362
Accrued interest payable 802,286 273,200
Accounts payable and accrued expenses 149,792 574,925
Derivative liabilities, at fair value 157,709  
Total liabilities 396,708,259 95,833,855
Stockholders' equity    
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, and 0 issued and outstanding at each December 31, 2021 and December 31, 2020
Additional paid-in capital 238,954,331 161,040,483
Retained earnings/accumulated deficit and cumulative distributions (30,111,852) (17,735,594)
Accumulated other comprehensive income/(loss) (15,771)  
Total controlling interest 208,921,765 143,368,842
Non-controlling interests in subsidiaries 145,019,828 2,150,741
Total stockholders' equity 353,941,593 145,519,583
Total liabilities and stockholders' equity 750,649,852 241,353,438
Class AX [Member]    
Stockholders' equity    
Common stock 34,412 34,585
Class TX [Member]    
Stockholders' equity    
Common stock 13,191 14,729
Class IX [Member]    
Stockholders' equity    
Common stock 12,030 12,181
Class T [Member]    
Stockholders' equity    
Common stock 5,551 449
Class S [Member]    
Stockholders' equity    
Common stock 44 16
Class D [Member]    
Stockholders' equity    
Common stock 2,756 393
Class I [Member]    
Stockholders' equity    
Common stock $ 27,073 $ 1,600