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Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

Note 11. Subsequent Events

Offering Status

As of November 4, 2022, in connection with our offerings we have issued approximately 10.8 million Class P shares for gross offering proceeds of approximately $102.9 million, approximately 1.5 million Class A shares for gross offering proceeds of approximately $15.7 million, approximately 2.5 million Class T shares for gross offering proceeds of approximately $25.0 million and approximately 0.2 million Class W shares for gross offering proceeds of approximately $1.6 million.

Amendment to Dealer Manager Agreement and Participating Dealer Agreement
 

On October 25, 2022, we and our Dealer Manager entered into Amendment No. 1 to the Dealer Manager Agreement and Participating Dealer Agreement (“Amendment No. 1”). Pursuant to Amendment No. 1, we and/or the Sponsor will pay to the Dealer Manager dealer manager support in the amount of 1.5% of the gross offering proceeds of the sale of Class W shares sold in the Primary Offering, for payment of wholesaler commissions and other wholesaler expenses associated with sales of the Class W shares. Any such amounts of dealer manager support shall count towards the aggregate underwriting compensation paid.