CONSOLIDATED STATEMENT OF OPERATIONS	5 Months Ended
	Dec. 31, 2025 USD ($) $ / shares shares
Revenues
Interest income	$ 1,850,000
Total Revenues	1,850,000
Expenses
Interest expense	(1,038,000)
General and administrative expenses	(732,000)
Organization costs	(2,740,000)
Management fees	(30,000)
Financing fees	(268,000)
Total Expenses	(4,808,000)
Other Income (Loss)
Realized and unrealized gain on residential transition loans, at fair value	209,000
Total Other Income	209,000
Net Loss and Comprehensive Loss	(2,749,000)
Common Class J
Net Loss per Class of Common Stock
Net Loss per Class of Common Stock - Basic	(2,605,000)
Net Loss per Class of Common Stock - Diluted	$ (2,605,000)
Net Loss per Share of Common Stock
Basic (in USD per share) | $ / shares	$ (0.91)
Diluted (in USD per share) | $ / shares	$ (0.91)
Weighted Average Number of Shares of Common Stock Outstanding
Basic (in shares) | shares	2,847,900
Diluted (in shares) | shares	2,847,900
Common Class E
Net Loss per Class of Common Stock
Net Loss per Class of Common Stock - Basic	$ (144,000)
Net Loss per Class of Common Stock - Diluted	$ (144,000)
Net Loss per Share of Common Stock
Basic (in USD per share) | $ / shares	$ (0.96)
Diluted (in USD per share) | $ / shares	$ (0.96)
Weighted Average Number of Shares of Common Stock Outstanding
Basic (in shares) | shares	150,100
Diluted (in shares) | shares	150,100