Invesco Commercial Real Estate Finance Trust, Inc.
Sponsored by Invesco. REIT structure focused on private real estate.
REITPrivate Real Estate
- Net assets
- $1.16B
source
Quarterly report (Form 10-Q) · filed 2026-05-11 · period 2026-03-31
charter net assets = us-gaap:Assets 5,334,903,000 - us-gaap:Liabilities 4,174,525,000 = 1,160,378,000
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-03-31 - NAV / share
- $22.86
source
Quarterly report (Form 10-Q) · filed 2024-08-14 · period 2024-06-30
total_net_assets 238,055,000 / shares_outstanding 10,415,093 (exact same-date denominator; fund-level blended per-share; direct class-level NAV absent for this period)
Method Derived: computed from other stored facts
Open the filing on SEC.gov · Full observation history
Technical locator
Canonical (canonical class) · 2024-06-30 - Net flows, last qtr
- +7.0% qtr ended 2026-03-31
- Distribution coverage (FFO, GAAP proxy)
- Not disclosed no FFO basis: a real estate finance/debt REIT (holds loans, not depreciable owned property) -- reports no sponsor FFO/Core Earnings and no real-estate depreciation to support the GAAP-proxy route
- Leverage in use
- Not captured debt / equity 3.50x
- Total return, 12m
- Insufficient history computed from NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current Urgent or Notify findings in filings reviewed through 2026-07-02.
Historical findings (1)
Gross share sales: Inflow stall (fundraising flywheel): gross sales down >= 50% vs same period prior year [Notify, 2024-03-31]
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
No structured portfolio-health series or position-change events have been captured for this fund.
Where exit demand met the cap.
The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-31 | Not disclosed | 100% | Not disclosed | filled |
| 2026-02-28 | Not disclosed | 100% | Not disclosed | filled |
| 2026-01-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2025-09-30 | Not disclosed | 100% | Not disclosed | filled |
| 2025-08-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-07-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-06-30 | Not disclosed | 100% | Not disclosed | filled |
| 2025-05-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-04-30 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2025-02-28 | Not disclosed | 100% | Not disclosed | filled |
| 2025-01-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2024-08-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2024-06-30 | Not disclosed | 100% | Not disclosed | filled |
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
| Borrowing source | Amount |
|---|---|
| Secured financing stack (repo, term loans, CLOs, revolver) | $4,066,031,000 |
| less: derivative liabilities | −$838,000 |
| Total borrowings | $4,065,193,000 |
How to read these financing entries
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
No filed share-class terms have been captured for this fund; ownership type is therefore not inferred.
Management fee: 1.00% of nav per year. source. We will pay the adviser a management fee equal to 1.00% per annum of NAV, calculated monthly in arrears as of the end of the immediately preceding month, with respect to our Class S, Class S-1, Class D, Class D-1 and Class I Shares. We will also pay the adviser a performance fee equal to 10% of our 'Performance Fee Income.'
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (1)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | We will pay the adviser a management fee equal to 1.00% per annum of NAV, calculated monthly in arrears as of the end of the immediately preceding month, with respect to our Class S, Class S-1, Class D, Class D-1 and Class I Shares. We will also pay the adviser a performance fee equal to 10% of our 'Performance Fee Income.' | 1.0 pct_annual_of_nav | Date not captured |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-05-11 | 10-Q | 0001976927-26-000033 |
| 2026-03-27 | DEF 14A | 0001193125-26-129126 |
| 2026-03-26 | 10-K | 0001976927-26-000018 |
| 2025-11-07 | 10-Q | 0001976927-25-000057 |
| 2025-08-08 | 10-Q | 0001976927-25-000029 |
| 2025-05-12 | 10-Q | 0001976927-25-000018 |
| 2025-03-27 | DEF 14A | 0001193125-25-065610 |
| 2025-03-24 | 10-K | 0001976927-25-000009 |
| 2024-11-13 | 10-Q | 0001976927-24-000043 |
| 2024-08-14 | 10-Q | 0001976927-24-000034 |
| 2024-05-13 | 10-Q | 0001976927-24-000022 |
| 2024-04-05 | DEF 14A | 0001193125-24-087939 |
| 2024-03-29 | 10-K | 0001976927-24-000007 |
| 2023-11-14 | 10-Q | 0001976927-23-000011 |