Condensed Consolidated Balance Sheets - (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Investments in real estate debt	$ 186,772	$ 87,209
Class S Common Shares
Par value (in usd per share)	$ 0.01	$ 0.01
Shares issued (in shares)	165,011,665	92,068,163
Shares outstanding (in shares)	165,011,665	92,068,163
Class N Common Shares
Par value (in usd per share)	$ 0.01	$ 0.01
Shares issued (in shares)	8,304,936	0
Shares outstanding (in shares)	8,304,936	0
Class D Common Shares
Par value (in usd per share)	$ 0.01	$ 0.01
Shares issued (in shares)	1,230,261	4,488,818
Shares outstanding (in shares)	1,230,261	4,488,818
Class I Common Shares
Par value (in usd per share)	$ 0.01	$ 0.01
Shares issued (in shares)	191,250,046	101,651,731
Shares outstanding (in shares)	191,250,046	101,651,731
Fair Value, Recurring
Investments in unconsolidated real estate affiliates	$ 1,576,301	$ 699,570
Investments in real estate debt	$ 159,007	$ 87,209