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Investments in Real Estate (Tables)
3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
Schedule of Investments in Real Estate, Net

Investments in real estate, net consisted of the following ($ in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

Building and building improvements

 

$

849,647

 

 

$

844,419

 

Land and land improvements

 

 

345,290

 

 

 

345,103

 

Furniture, fixtures and equipment

 

 

8,380

 

 

 

8,355

 

Total

 

 

1,203,317

 

 

 

1,197,877

 

Accumulated depreciation

 

 

(47,979

)

 

 

(38,245

)

Investments in real estate, net

 

$

1,155,338

 

 

$

1,159,632