Summary of Significant Accounting Policies and Estimates - Summary of Assets Measured at Fair Value on A Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets:
Investments in real estate debt	$ 124,539	$ 87,209
Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	1,571,393	699,570
Investments in real estate debt	97,625	87,209
Total	1,694,278	798,789
Liabilities:
DST financing obligation	26,805	13,694
Total	31,908	25,165
Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	21,636	6,945
Liabilities:
Liability Derivatives	914	4,651
Foreign currency hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	3,624	5,065
Liabilities:
Liability Derivatives	4,189	6,820
Level 2 | Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	0	0
Investments in real estate debt	54,190	30,974
Total	79,450	42,984
Liabilities:
DST financing obligation	0	0
Total	5,103	11,471
Level 2 | Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	21,636	6,945
Liabilities:
Liability Derivatives	914	4,651
Level 2 | Foreign currency hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	3,624	5,065
Liabilities:
Liability Derivatives	4,189	6,820
Level 3 | Fair Value, Recurring
Assets:
Investments in unconsolidated real estate affiliates	1,571,393	699,570
Investments in real estate debt	43,435	56,235
Total	1,614,828	755,805
Liabilities:
DST financing obligation	26,805	13,694
Total	26,805	13,694
Level 3 | Interest rate hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	0	0
Liabilities:
Liability Derivatives	0	0
Level 3 | Foreign currency hedging derivatives | Fair Value, Recurring
Assets:
Asset Derivatives	0	0
Liabilities:
Liability Derivatives	$ 0	$ 0