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Summary of Significant Accounting Policies - Additional Information (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
JointVenture
Dec. 31, 2022
USD ($)
Summary Of Significant Accounting Policies [Line Items]    
Total assets $ 344,904,000 $ 234,312,000
Total liabilities 235,437,000 216,366,000
Impairment on long-lived assets to be held and used 0 0
Cash and cash equivalents 30,200,000  
Deposits written off $ 0 0
Minimum REIT Distribution Percentage 90.00%  
Period for reimbursement of advance costs 60 months  
Period for reimbursement of operating expenses 60 months  
Percentage of total amount of aggregate of repurchase 98.00%  
VIEs    
Summary Of Significant Accounting Policies [Line Items]    
Number of joint ventures | JointVenture 2  
Total assets $ 129,200,000 135,700,000
Total liabilities 86,900,000 89,500,000
VIE    
Summary Of Significant Accounting Policies [Line Items]    
Total liabilities $ 0  
Common Stock Class T    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class S    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class D    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class E    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class I    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class X    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Common Stock Class Y    
Summary Of Significant Accounting Policies [Line Items]    
Repurchase plan restriction limited to percentage of net asset value per month 2.00%  
Repurchase plan restriction limited to percentage of net asset value per quarter 5.00%  
Investment in Real Estate Debt    
Summary Of Significant Accounting Policies [Line Items]    
Unrealized gain or loss on investment. $ 0 $ 0
Adviser    
Summary Of Significant Accounting Policies [Line Items]    
Net asset value $ 500,000,000  
Share repurchase plan, monthly 2.00%  
Share repurchase plan, quarterly 5.00%  
Future NAV threshold $ 1,500,000,000  
Adviser | Common Stock Class E    
Summary Of Significant Accounting Policies [Line Items]    
Share repurchase plan, monthly 2.00%  
Share repurchase plan, quarterly 5.00%