Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Summary Of Significant Accounting Policies [Line Items]
Deposits written off	$ 0	$ 0	$ 0	$ 0
Deposits on real estate	1,864,000		1,864,000		$ 9,072,000
Total assets	405,378,000		405,378,000		344,904,000
Total liabilities	250,978,000		250,978,000		235,437,000
Cash and cash equivalents	23,200,000		23,200,000		30,200,000
Impairment on long-lived assets to be held and used	$ 0	0	$ 0	0
Minimum REIT Distribution Percentage	90.00%		90.00%
Period for reimbursement of advance costs			60 months
Operating expenses	$ 5,742,000	4,526,000	$ 10,469,000	9,013,000
Period for reimbursement of operating expenses			60 months
Percentage of total amount of aggregate of repurchase	98.00%		98.00%
Investment in Real Estate Debt
Summary Of Significant Accounting Policies [Line Items]
Unrealized gain or loss on investment.	$ 0	$ 0	$ 0	$ 0
VIEs
Summary Of Significant Accounting Policies [Line Items]
Total assets	179,400,000		179,400,000		129,200,000
Total liabilities	88,500,000		88,500,000		$ 86,900,000
VIE
Summary Of Significant Accounting Policies [Line Items]
Total liabilities	$ 0		$ 0
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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		5.00%
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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		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%		2.00%
Repurchase plan restriction limited to percentage of net asset value per quarter	5.00%		5.00%
Adviser
Summary Of Significant Accounting Policies [Line Items]
Share repurchase plan, monthly	2.00%		2.00%
Share repurchase plan, quarterly	5.00%		5.00%
Future NAV threshold	$ 1,500,000,000		$ 1,500,000,000
Net asset value	$ 500,000,000		$ 500,000,000
Adviser | Common Stock Class E
Summary Of Significant Accounting Policies [Line Items]
Share repurchase plan, monthly	2.00%		2.00%
Share repurchase plan, quarterly	5.00%		5.00%