secwatch.observer — SEC 8-K summary
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Issuer:     Invesco Commercial Real Estate Finance Trust, Inc. (—)
CIK:        0001976927
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001976927-23-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invesco CRE Finance Trust secures $200M subscription from Texas Municipal Retirement System for Class F shares
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- TMRS commits up to $200M to purchase Class F shares at NAV, with multiple closings before Dec 5, 2024.
- Lock-up period ends earlier of March 23, 2028 or when aggregate NAV reaches $1.5B.
- Company filed Articles Supplementary to authorize 500M Class F shares.
- Class F shares excluded from management fee; 10% annual performance fee with 6% hurdle return.
- TMRS may request repurchase of shares via voluntary share repurchase plan after lock-up.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1976927/000197692723000015/0001976927-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1976927/000197692723000015/incref-20231205.htm
  HTML page:      https://secwatch.observer/filing/0001976927-23-000015

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