Summary of Significant Accounting Policies - Schedule of Company's Assets and Liabilities Measured at Fair Value on Recurring Basis Using Level 3 (Details) - Recurring Basis - Level 3 $ in Thousands	3 Months Ended
	Mar. 31, 2026 USD ($)
Mandatorily Redeemable Instruments
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2025	$ 54,794
Repurchases	(32,490)
Distributions declared	364
Reclassify to distributions payable/paid	(364)
Redemption value adjustment	208
Balance at March 31, 2026	22,512
Investments in Real Estate Debt (asset)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2025	224,600
Additions	80,000
Fair value adjustment	(27)
Balance at March 31, 2026	$ 304,573