Invesco Commercial Real Estate Finance Trust (INCREF), a non-listed, perpetual life REIT focused on private credit secured by real estate, has closed three loan transactions in Q4 2023, totaling $231.5 million to industrial and multifamily properties located in well-positioned submarkets. These transactions increase INCREF’s aggregate loan originations to approximately $648.9 million.
The three loan originations demonstrate Invesco Real Estate’s primary focus on building a core-plus credit portfolio allocated toward its “highest conviction ideas” across the commercial real estate universe.
“We are pleased to scale the portfolio with newly originated loans that fit within our portfolio composition secured by assets in our targeted sectors at reduced valuations in line with today’s market environment,” said Bert Crouch, CEO for INCREF. “These new investments also evidence our ability to take full advantage of the current market’s financing gap and eleva