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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

18. Subsequent Events

The Company evaluated subsequent events through the issuance date of the financial statements, and determined that except as otherwise disclosed herein there were no additional material subsequent events requiring disclosure.

On April 24, 2026, the Company acquired a 114-unit, 55+ active adult mid-rise rental community located in the Philadelphia Metropolitan Statistical Area for $28.7 million, excluding closing costs.

Subsequent to March 31, 2026 through May 15, 2026, the Company repurchased 1.3 million Class E units from the Adviser for an aggregate amount of $14.5 million.