Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission

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. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Invesco Realty, 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 (Month/Day/Year) (Street) ATLANTA GA 30309 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Join/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 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code	5. Number of Derivative Securities Acquired (A) or Disposed of (D)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security	8. Price of Derivative Security	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)	11. Nature of Indirect Beneficial Ownership
Code	V	(A)	(D)	Date Exercisable	Expriation Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
Invesco Realty, Inc. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
Invesco Group Services, Inc. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
OppenheimerFunds, Inc. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
OPPENHEIMER ACQUISITION CORP 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
IVZ Inc 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
INVESCO HOLDING CO LTD 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X
Invesco Ltd. 1331 SPRING STREET, NW SUITE 2500 ATLANTA, GA30309	X	X

Signatures

/s/ Tina Carew, Attorney-in-Fact, for Invesco Realty, Inc.	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for Invesco Group Services, Inc.	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for OppenheimerFunds Inc.	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for Oppenheimer Acquisition Corp	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company (US), Inc. (FKA IVZ Inc.)	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company Limited	2024-09-04
**Signature of Reporting Person	Date
/s/ Tina Carew, Attorney-in-Fact, for Invesco Ltd.	2024-09-04
**Signature of Reporting Person	Date

Explanation of Responses:

(*)	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	The shares acquired on September 1, 2024 are owned directly by Invesco Realty, Inc., which is a wholly owned subsidiary of Invesco Advisers, Inc. (the issuer's adviser), which is a wholly owned subsidiary of Invesco Group Services, Inc., which is a wholly owned subsidiary of OppenheimerFunds, Inc., which is a wholly owned subsidiary of Oppenheimer Acquisition Corp., which is a wholly owned subsidiary of Invesco Holding Company (US), Inc., which is a wholly owned subsidiary of Invesco Holding Company Limited and which is a wholly owned subsidiary of Invesco Ltd., the ultimate parent entity. As a result, all entities other than Invesco Realty, Inc. are indirect beneficial owners. The Reporting Persons are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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