Investments in Real Estate, net (Tables)

6 Months Ended

Jun. 30, 2026

Real Estate [Abstract]

Schedule of Investments in Real Estate

Investments in real estate, net consisted of the following:

	June 30, 2026		December 31, 2025
Buildings	$	3,459,612	$	3,361,710
Land and land improvements	871,618		816,973
Construction in process	158,872		86,419
Furniture, fixtures and equipment	1,176		1,374
Total	4,491,278		4,266,476
Accumulated depreciation	(317,882)		(257,852)
Investments in real estate, net	$	4,173,396	$	4,008,624