Invesco Commercial Real Estate Finance Trust sold ~$48.5M in common stock on July 1, 2025

Invesco Commercial Real Estate Finance Trust, Inc.

Sold 1,174,063 Class S-1 shares at $25.1393 plus $188,580 in commissions, netting $29.7M.
Sold 723,112 Class I shares at $25.1048 with no commissions, netting $18.15M.
Sold 20,686 Class S and 5,823 Class E shares at $25.04 and $25.58, raising ~$667K.
Issued 2,082.10 Class E shares ($58,253) as equity compensation to an independent director.
Offerings exempt under Section 4(a)(2); transaction price based on May 31, 2025 NAV.

item 3.02

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