UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 14, 2025, Hubert J. Crouch, Chief Executive Officer and member of the Board of Directors of Invesco Commercial Real Estate Finance Trust, Inc. (the “Company”), notified the Company of his resignation as our Chief Executive Officer and member of the Board of Directors, effective October 14, 2025, in connection with his resignation from his employment with Invesco Ltd., effective December 12, 2025. Mr. Crouch’s resignation is not due to any disagreement with our Company on any matter relating to our operations, policies or practices.
On October 14, 2025, our Board of Directors appointed Charlie Rose as Chief Executive Officer and as a member of the Board of Directors of the Company, effective as of that date. Mr. Rose, 44, has served as the Company’s President and Lead Portfolio Manager since its launch in March 2023. He is the Global Head of Real Estate Credit for Invesco Ltd. and has served as Managing Director since he joined Invesco Real Estate in 2017. Prior to joining Invesco, Mr. Rose served as managing director for Canyon Partners Real Estate (“Canyon”) from 2009-2017. Prior to Canyon, Mr. Rose worked for Pacific Urban Residential in capital markets and multifamily acquisitions from 2007 to 2009. He started his career with Rosen Consulting Group in 2003, where he was Vice President. Mr. Rose holds a Bachelor of Arts from Stanford University and a Master of Business Administration with Honors from the Wharton School of the University of Pennsylvania.
Mr. Rose is deemed an executive director because he is also an employee of an affiliate of our adviser. Executive directors do not receive compensation for serving on the Board and do not serve on any of the standing committees of the Board. There are no family relationships between Mr. Rose and any of the Company’s directors, executive officers or other key personnel reportable under Item 401(d) of Regulation S-K. There are no related party transactions between the Company and Mr. Rose reportable under Item 404(a) of Regulation S-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Invesco Commercial Real Estate Finance Trust, Inc. | ||
| By: | /s/ Tina Carew | |
| Tina Carew | ||
| Deputy General Counsel and Secretary | ||
Date: October 20, 2025