Schedule III - Real Estate and Accumulated Depreciation (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Property	Dec. 31, 2022 USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 115,838
Initial Cost - Land and Land Improvements	76,883
Initial Cost - Building and Building Improvements	199,069
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	29
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	1,964
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	76,912
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	201,033
Gross Amounts at which Carried at the Close of Period, Total	277,945	$ 196,988
Accumulated Depreciation	(5,390)	$ (477)
Multifamily Properties
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	115,838
Initial Cost - Land and Land Improvements	29,058
Initial Cost - Building and Building Improvements	147,546
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	8
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	1,258
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	29,066
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	148,804
Gross Amounts at which Carried at the Close of Period, Total	177,870
Accumulated Depreciation	$ (4,391)
Multifamily Properties | Houston, TX
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of Properties | Property	2
Encumbrances	$ 86,439
Initial Cost - Land and Land Improvements	23,642
Initial Cost - Building and Building Improvements	104,865
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	6
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	1,150
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	23,648
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	106,015
Gross Amounts at which Carried at the Close of Period, Total	129,663
Accumulated Depreciation	$ (3,107)
Year Built/Last Renovated	2013
Year Acquired	2022
Multifamily Properties | Pittsburgh, PA Metropolitan Area
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of Properties | Property	1
Encumbrances	$ 29,399
Initial Cost - Land and Land Improvements	5,416
Initial Cost - Building and Building Improvements	42,681
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	2
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	108
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	5,418
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	42,789
Gross Amounts at which Carried at the Close of Period, Total	48,207
Accumulated Depreciation	$ (1,284)
Year Built/Last Renovated	2018
Year Acquired	2022
Industrial Properties
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Land Improvements	$ 44,606
Initial Cost - Building and Building Improvements	41,892
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	21
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	706
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	44,627
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	42,598
Gross Amounts at which Carried at the Close of Period, Total	87,225
Accumulated Depreciation	$ (980)
Industrial Properties | Philadelphia, PA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of Properties | Property	1
Initial Cost - Land and Land Improvements	$ 20,302
Costs Capitalized Subsequent to Acquisition - Land and Land Improvements	21
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	20,323
Gross Amounts at which Carried at the Close of Period, Total	20,323
Accumulated Depreciation	$ (262)
Year Built/Last Renovated	2022
Year Acquired	2022
Industrial Properties | Savannah, GA
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of Properties | Property	1
Initial Cost - Land and Land Improvements	$ 24,304
Initial Cost - Building and Building Improvements	41,892
Costs Capitalized Subsequent to Acquisition - Building and Building Improvements	706
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	24,304
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	42,598
Gross Amounts at which Carried at the Close of Period, Total	66,902
Accumulated Depreciation	$ (718)
Year Built/Last Renovated	2023
Year Acquired	2023
Single-family rental properties
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Initial Cost - Land and Land Improvements	$ 3,219
Initial Cost - Building and Building Improvements	9,631
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	3,219
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	9,631
Gross Amounts at which Carried at the Close of Period, Total	12,850
Accumulated Depreciation	$ (19)
Single-family rental properties | Sarasota, FL
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Number of Properties | Property	1
Initial Cost - Land and Land Improvements	$ 3,219
Initial Cost - Building and Building Improvements	9,631
Gross Amounts at which Carried at the Close of Period - Land and Land Improvements	3,219
Gross Amounts at which Carried at the Close of Period - Building and Building Improvements	9,631
Gross Amounts at which Carried at the Close of Period, Total	12,850
Accumulated Depreciation	$ (19)
Year Built/Last Renovated	2023
Year Acquired	2023