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Invesco Real Estate Launches Perpetual-Life Credit REIT
Invesco Real Estate has launched Invesco Commercial Real Estate Finance Trust, Inc. (INCREF), a private fund focused on bringing private real estate credit to accredited investors. It will originate, acquire and manage a diversified portfolio of loans and debt.
Headquartered in Dallas, INCREF is a non-exchange traded, perpetual-life REIT and will offer its shares pursuant to SEC Rule 506(c). The fund will primarily focus on “core-plus” credit and invest in the Invesco Real Estate team’s highest-conviction ideas across the commercial real estate universe.
“Private real estate credit is gaining the attention of accredited investors, who are seeking strategies to access an asset class that has not been traditionally available to them,” said Charlie Rose, Invesco Real Estate’s global head of credit. “The recent pull-back of regional banks, coupled with the significant increase in short-term interest rates, is resulting in a rare opportunity for commercial real estate lenders.”
Pictured: Invesco Real Estate headquarters in Dallas.
- ◦Financing
