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Related Party Transactions - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
shares
Dec. 31, 2022
USD ($)
Feb. 28, 2023
shares
Jan. 31, 2022
Jun. 30, 2023
USD ($)
shares
Jun. 30, 2022
USD ($)
shares
Jun. 30, 2023
USD ($)
quarter
shares
Jun. 30, 2022
USD ($)
shares
Related Party Transaction [Line Items]                
Management fee - related party         $ 418 $ 187 $ 814 $ 301
Performance participation interest - related party         $ 0 2,273 $ 0 4,394
Homestead Communities, LLC                
Related Party Transaction [Line Items]                
Ownership interest rate 50.00%       50.00%   50.00%  
Homestead Communities, LLC | Affiliated                
Related Party Transaction [Line Items]                
Ownership interest rate 50.00%       50.00%   50.00%  
The Adviser                
Related Party Transaction [Line Items]                
Management fee - related party         $ 300   $ 300  
Reimbursement term, organization and offering expenses       60 months        
Non-controlling Interests in Consolidated Joint Ventures                
Related Party Transaction [Line Items]                
Ownership percentage 50.00%       50.00%   50.00%  
Vida JV LLC | Invesco JV                
Related Party Transaction [Line Items]                
Ownership percentage 85.00%       85.00%   85.00%  
Everly Roseland Co-Invest                
Related Party Transaction [Line Items]                
Ownership percentage 60.00%       60.00%   60.00%  
Everyly Roseland Co-Invest Joint Venture | Everly Roseland Co-Invest                
Related Party Transaction [Line Items]                
Ownership percentage 95.00%       95.00%   95.00%  
Subsidiaries | The Adviser                
Related Party Transaction [Line Items]                
Administrative fees expense           600   1,000
Subsidiaries | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Performance participation interest - related party         $ 0 2,300 $ 0 4,400
Subsidiaries | Class E Common Stock | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Number of shares issued in transaction (in shares) | shares     122,065          
Affiliated entity | Invesco Commercial Mortgage Income - U.S. Fund, L.P.                
Related Party Transaction [Line Items]                
Investment owned, at cost $ 30,000       30,000   $ 30,000  
Affiliated entity | Class N Common Stock                
Related Party Transaction [Line Items]                
Number of shares issued in transaction (in shares) | shares             18,867,167  
Affiliated entity | Class N Common Stock | Invesco Realty, Inc.                
Related Party Transaction [Line Items]                
Number of shares issued in transaction (in shares) | shares             738,701  
Affiliated entity | Class E Common Stock                
Related Party Transaction [Line Items]                
Number of shares issued in transaction (in shares) | shares             2,017,067  
Affiliated entity | Class E Common Stock | Invesco Realty, Inc.                
Related Party Transaction [Line Items]                
Number of shares issued in transaction (in shares) | shares             0  
Affiliated entity | Class T, Class S and Class D Shares | Invesco Distributors, Inc.                
Related Party Transaction [Line Items]                
Related party transaction, amounts of transaction 1,500 $ 900            
Related Party | Invesco Realty, Inc.                
Related Party Transaction [Line Items]                
Investment owned, at cost $ 30,000       30,000   $ 30,000  
Management Fee and Performance Participation Interest | Subsidiaries | The Adviser                
Related Party Transaction [Line Items]                
Management and service fees, base rate             1.00%  
Management fee commencement period             10 years  
Management fee - related party         $ 400 $ 200 $ 800 $ 300
Shares issued (in shares) | shares 13,348       13,348 25,684 13,348 25,684
Management Fee and Performance Participation Interest - Incentive Rate, Total Return Rate | Subsidiaries | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Management and service fees, incentive rate             12.50%  
Management Fee and Performance Participation Interest - Incentive Rate, Total Return Rate | Subsidiaries | Class N Common Stock | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Management and service fees, incentive rate             10.00%  
Management Fee and Performance Participation Interest - Incentive Rate, Annualized Hurdle Rate | Subsidiaries | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Management and service fees, incentive rate             6.00%  
Management Fee and Performance Participation Interest - Incentive Rate, Annualized Hurdle Rate | Subsidiaries | Class N Common Stock | Invesco REIT Special Limited Partner L.L.C.                
Related Party Transaction [Line Items]                
Management and service fees, incentive rate             7.00%  
Management Fee and Performance Participation Interest - Incentive Rate, Pre-Incentive Fee Net Investment Income Threshold | The Dealer Manager | Class T, Class S and Class D Shares                
Related Party Transaction [Line Items]                
Management and service fees, incentive rate             8.75%  
Reimbursement of Expenses Incurred by Adviser | Subsidiaries | The Adviser                
Related Party Transaction [Line Items]                
Administrative fees expense         $ 200   $ 600  
Organization Costs And Offering Expenses | The Adviser                
Related Party Transaction [Line Items]                
Related party transaction, amounts of transaction $ 7,300 6,800            
Advance of organization and offering fees, net asset value threshold 1,000,000       1,000,000   $ 1,000,000  
Reimbursement term, organization and offering expenses             60 months  
Operating Expenses Reimbursement | The Adviser                
Related Party Transaction [Line Items]                
Related party transaction, amounts of transaction 9,900 $ 8,600            
Advance of organization and offering fees, net asset value threshold $ 1,000,000       1,000,000   $ 1,000,000  
Adviser fee, number of consecutive quarters, reimbursement period | quarter             4  
Operating Expenses Reimbursement Agreement - Percentage of Average Invested Assets | The Adviser                
Related Party Transaction [Line Items]                
Related party transaction, rate             2.00%  
Operating Expenses Reimbursement Agreement - Percentage of Average Invested Assets | Director                
Related Party Transaction [Line Items]                
Related party transaction, rate             2.00%  
Operating Expenses Reimbursement Agreement - Percentage of Net Income | The Adviser                
Related Party Transaction [Line Items]                
Related party transaction, rate             25.00%  
Operating Expenses Reimbursement Agreement - Percentage of Net Income | Director                
Related Party Transaction [Line Items]                
Related party transaction, rate             25.00%  
Accrued affiliate service provider expenses | Pine Tree Commercial Realty, LLC                
Related Party Transaction [Line Items]                
Related party transaction, amounts of transaction         $ 41 $ 38 $ 76 $ 45