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
- Pending Pending
- Net flows, last qtr
- +7.0% qtr ended 2026-03-31
- Distribution coverage (FFO, GAAP proxy)
- Pending Pending
- Leverage in use
- Pending debt / equity 3.50x
- Total return, 12m
- Pending SEC-filed periodic 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 2026-07-21.
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.
Monthly performance eligibility
Canonical class: not designated · basis: no qualifying monthly chain · qualifying history: 0 months.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Where exit demand met the cap.
The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-31 | Pending | 100% | Pending | filled |
| 2026-02-28 | Pending | 100% | Pending | filled |
| 2026-01-31 quarter | Pending | 100% | Pending | filled |
| 2025-09-30 | Pending | 100% | Pending | filled |
| 2025-08-31 | Pending | 100% | Pending | filled |
| 2025-07-31 | Pending | 100% | Pending | filled |
| 2025-06-30 | Pending | 100% | Pending | filled |
| 2025-05-31 | Pending | 100% | Pending | filled |
| 2025-04-30 quarter | Pending | 100% | Pending | filled |
| 2025-02-28 | Pending | 100% | Pending | filled |
| 2025-01-31 quarter | Pending | 100% | Pending | filled |
| 2024-08-31 quarter | Pending | 100% | Pending | filled |
| 2024-06-30 | Pending | 100% | Pending | 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.
Pending
Management fee: 1.00% of nav per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001193125-26-129126.
Filed fee conditions
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.'
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| not designated | 1.00% | Pending | Pending | Pending | Pending | Pending |
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 | Pending |
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 |