---
schema_version: "secwatch.filing_event.v1"
accession: "0001976927-26-000046"
form_type: "8-K"
ticker: null
cik: "0001976927"
company_name: "Invesco Commercial Real Estate Finance Trust, Inc."
filed_at: "2026-06-23T21:07:23+00:00"
generated_at: "2026-06-23T21:08:30.661313+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Invesco CRE Finance Trust closes $1.157B CLO INCREF 2026-FL2, retains subordinated tranches

## Summary
- Issued $1.006B in rated notes (Class A–E) and $150M in unrated subordinated notes retained by company.
- Class A Notes ($743M) rated Ass(sf)/AAAsf; spread Term SOFR + 1.45% (steps to +1.70% after Dec 2031).
- Proceeds used to purchase an initial portfolio of commercial real estate loans and repay pre-closing repurchase facility debt.
- Notes mature December 2043; 30-month reinvestment period; cleanup call option when offered notes ≤10% of original balance.
- KeyBank appointed servicer, Bellwether special servicer; Invesco Advisers collateral manager (fee currently waived).

## SEC filing metadata
- accession: 0001976927-26-000046
- form_type: 8-K
- cik: 0001976927
- company_name: Invesco Commercial Real Estate Finance Trust, Inc.
- filed_at: 2026-06-23T21:07:23+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1976927/000197692726000046/0001976927-26-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1976927/000197692726000046/incref-20260616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001976927-26-000046
- JSON: https://secwatch.observer/filing/0001976927-26-000046.json
- Plain text: https://secwatch.observer/filing/0001976927-26-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.