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Segment Reporting - Schedule of Total Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets [1] $ 995,243 $ 983,079
Operating segments | Healthcare    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 62,018 64,292
Operating segments | Office    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 28,601 29,270
Operating segments | Industrial    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 209,155 216,473
Operating segments | Self-Storage    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 71,051 71,242
Operating segments | Multifamily    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 188,575 193,547
Operating segments | Student Housing    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 158,249 151,382
Operating segments | Grocery-Anchored Retail    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 61,969 62,843
Operating segments | Real Estate Debt    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 56,193 63,161
Operating segments | Real Estate-Related Securities    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets 66,143 56,472
Corporate and Other    
Segment Reporting, Asset Reconciling Item [Line Items]    
Total assets $ 93,289 $ 74,397
[1] Includes restricted assets of consolidated variable interest entities (“VIEs”) at June 30, 2025 and December 31, 2024 of $395.0 million and $165.7 million, respectively. See Note 16 — “Variable Interest Entities.”