Sec Form 4 Filing - Invesco Advisers, Inc. @ Invesco Commercial Real Estate Finance Trust, Inc. - 2025-02-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Invesco Advisers, Inc. 2. Issuer Name and Ticker or Trading Symbol Invesco Commercial Real Estate Finance Trust, Inc. [ N/A] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1331 SPRING STREET NW, SUITE 2500, 3. Date of Earliest Transaction (MM/DD/YY) 02/03/2025 (Street) ATLANTA, GA30309 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class E Common Stock, $0.01 par value 02/03/2025 J( 1 ) 81,185 A $ 25.4712 146,422 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Invesco Advisers, Inc. 1331 SPRING STREET NW, SUITE 2500 ATLANTA, GA30309 X Invesco Group Services, Inc. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X OppenheimerFunds, Inc. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X OPPENHEIMER ACQUISITION CORP 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X IVZ Inc 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X INVESCO HOLDING CO LTD 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X Invesco Ltd. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309 X Signatures /s/ Tina Carew, Attorney-in-Fact, for Invesco Advisers, Inc 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for Invesco Group Services, Inc. 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for OppenheimerFunds Inc. 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for Oppenheimer Acquisition Corp 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company (US), Inc. (FKA IVZ Inc.) 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company Limited 02/05/2025 Signature of Reporting Person Date /s/ Tina Carew, Attorney-in-Fact, for Invesco Ltd. 02/05/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This Form 4 reports the acquisition by Invesco Advisers, Inc. (IAI) of Class E Common Stock as payment of the Performance Fee and Class F Performance Fee under the Amended and Restated Advisory Agreement by and among the Company, Invesco Commercial Real Estate Finance Investments, LP and IAI. The Reporting Persons are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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