Invesco Real Estate Income Trust Inc.

Data through 2026-07-31 · latest filing 8-K filed 2026-07-31

Sponsored by Invesco. REIT structure focused on private real estate.

REITPrivate Real Estate

Sponsor: Invesco
CIK: 0001756761
Liquidity: Share repurchase plan
Inception: 2021

Net assets: $613.8M

source

Prospectus supplement (Form 424B3) · filed 2026-06-15 · period 2026-05-31

424B3 monthly pricing supplement (transaction price = NAV/share per its own text) — canonical class (Class I) headline; stored NAV pricing supplement names Class I and the exact value

“to disclose the calculation of our May 31, 2026 NAV per share ... Transaction Price (per share) Class T $ 26.0937 Class S $ 26.1167 Class D $ 26.1138 Class I $ 26.2640 Class E $ 28.3329 ”

Method Matched text template against the filing

Open the filing on SEC.gov · Full observation history

Technical locator

https://www.sec.gov/Archives/edgar/data/1756761/000175676126000093/inreitsupplement-may2026.htm | 424B3 monthly pricing supplement (transaction price = NAV/share per its own text) | canonical class (Class I) headline | stored NAV pricing supplement names Class I and the exact value
NAV / share: $26.26

source

Prospectus supplement (Form 424B3) · filed 2026-06-15 · period 2026-05-31

424B3 monthly pricing supplement (transaction price = NAV/share per its own text) — canonical class (Class I) headline; stored NAV pricing supplement names Class I and the exact value

“to disclose the calculation of our May 31, 2026 NAV per share ... Transaction Price (per share) Class T $ 26.0937 Class S $ 26.1167 Class D $ 26.1138 Class I $ 26.2640 Class E $ 28.3329 ”

Method Matched text template against the filing

Open the filing on SEC.gov · Full observation history

Technical locator

https://www.sec.gov/Archives/edgar/data/1756761/000175676126000093/inreitsupplement-may2026.htm | 424B3 monthly pricing supplement (transaction price = NAV/share per its own text) | canonical class (Class I) headline | stored NAV pricing supplement names Class I and the exact value
Net flows, last qtr: -0.4%
Distribution coverage (reported FFO): 91%
Annualized distribution rate: 6.37%
Trailing 12-month distribution rate: Pending
Leverage in use: 16%
Total return, 12m: +5.2%

01 / Signals

What changed in the latest filings.

Current findings ordered by severity. Each observation remains traceable to its filed source.

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-07-17)

ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000104/inreit-20260630.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-06-15)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000094/inreit-20260531.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-05-14)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000075/inreit-20260430.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-04-16)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000056/inreit-20260331.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-03-17)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000025/inreit-20260228.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-02-12)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000019/inreit-20260131.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2026-01-15)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000009/inreit-20251231.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-12-16)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000145/inreit-20251130.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-11-13)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000135/inreit-20251031.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-10-17)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000120/inreit-20250930.htm | Item 8.01

Yellow flag

Net flows deteriorated to $-4.4M from $-4.7M (period ended 2025-09-30).

Net flows deteriorated to $-4.4M from $-4.7M (period ended 2025-09-30). (Rule C15: Net-flow deterioration: net flows negative; Notify.)

Why it matters and what changed

The fund is shrinking: money going out exceeds money coming in. Persistent negative net flows change the fund's behavior (what it can buy, what it must sell) even before any gate is near.

$-4.7M -> $-4.4M (up 6.6% vs prior period); trailing 4-period average $-3.8M; same period prior year $3.4M; breach persisted 4 consecutive periods (escalated per the two-stage ladder); comparison interval: ~3 months (2025-06-30 -> 2025-09-30; this fund's series is observed at that frequency, so 'month over month' rules compare consecutive observations)

Source: derived: gross_share_sales + drip_reinvestment - shares_redeemed_dollars

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-09-16)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000107/inreit-20250831.htm | Item 8.01

Yellow flag

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-08-15)

Why it matters and what changed

The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.

Occurrence event; see the filing text for terms vs the prior arrangement.

Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000098/inreit-20250731.htm | Item 8.01

Historical findings (22)

Credit facility new or amended: 10 occurrence(s), 2021-05-25 to 2025-07-25
Most recent (2025-07-25): agent (the "Administrative Agent") entered into the Sixth Amendment to the Revolving Credit Agreement (the "Sixth Amendment"), which amends the Revolving Credit Agreement dated January 22, 2021 (as amended, the "Revolving Credit Facility"). The Sixth Amendment, among other things, extends the term of the Company's $100 million Revolving Credit Facility to July 23, 2027, with an option for the Operating Partnership to extend the term to July 21, 2028, subject to certain conditions and payment of an extension fee. In addition, the Sixth Amendment increased the size of the accordion feature, prov

Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred... (2025-07-17)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.

Net flows deteriorated to $-4.7M from $-2.2M (period ended 2025-06-30).
Net flows deteriorated to $-4.7M from $-2.2M (period ended 2025-06-30). (Rule C15: Net-flow deterioration: net flows negative; Notify.)

On June 27, 2025, the Company filed Articles of Amendment (the “ Articles of Amendment ”) to the Second Articles of Amendment and Restatement of the Company dated March 1, 2021... (2025-06-27)
On June 27, 2025, the Company filed Articles of Amendment (the “ Articles of Amendment ”) to the Second Articles of Amendment and Restatement of the Company dated March 1, 2021 (the “ Charter ”) with the State Department of Assessments and Taxation of Maryland (“ SDAT ”) increasing the total number of shares of authorized common stock of the Corporation from 3,600,000 to 4,800,000.

On June 27, 2025, the Company entered into the Amended and Restated Advisory Agreement (the “ A&R Advisory Agreement ”) by and among the Company, Invesco REIT Operating... (2025-06-25)
On June 27, 2025, the Company entered into the Amended and Restated Advisory Agreement (the “ A&R Advisory Agreement ”) by and among the Company, Invesco REIT Operating Partnership LP, a Delaware limited partnership (the “ Operating Partnership ”), and Invesco Advisers, Inc., a Delaware corporation (the “ Adviser ”) in order to make certain updates in connection with the designation of the Class S-PR Shares and Class K-PR Shares.

Net flows deteriorated to $-2.2M from $-4.0M (period ended 2025-03-31).
Net flows deteriorated to $-2.2M from $-4.0M (period ended 2025-03-31). (Rule C15: Net-flow deterioration: net flows negative; Notify.)

As previously disclosed, on March 18, 2025, Beth A. (2025-03-18)
As previously disclosed, on March 18, 2025, Beth A. Zayicek, one of Invesco Real Estate Income Trust Inc.’s (the “Company”) directors, notified us of her resignation from her employment with Invesco Ltd., and therefore her resignation as one our directors, effective May 7, 2025. On August 6, 2025, the Company's Board of Directors ("Board") appointed Ms. Stephanie Holder to serve as a director of the Company, effective as of that date, to fill the vac

On February 5, 2025, James H. (2025-02-05)
On February 5, 2025, James H. Forson, a member of the Board of Directors ("Board") of Invesco Real Estate Income Trust Inc. (the "Company") since 2019, informed the Company that he will retire from the Board and the Audit Committee, effective June 30, 2025. Mr. Forson's retirement is due to his outside professional duties and obligations, and not as a result of a disagreement with the Company on any matter relating to the Company’s operations, polici

On October 2, 2024, R. (2024-10-02)
On October 2, 2024, R. Lee Phegley, Jr., Chief Financial Officer of Invesco Real Estate Income Trust Inc. (the “Company”) notified the Company of his intention to resign from the Company to pursue other opportunities. On October 7, 2024, the Board of Directors of the Company appointed Courtney Popelka as Chief Financial Officer, effective as of such date. Courtney Popelka was recently appointed as Chief Financial Officer (CFO) for Private Markets fo

Redemptions accelerated to $13.4M from $9.5M the prior period (period ended 2024-03-31).
Redemptions accelerated to $13.4M from $9.5M the prior period (period ended 2024-03-31). (Rule C14: Redemption acceleration: repurchase/redemption dollars up >= 25%; Notify.)

NAV per share ($28.30) is 1.2% below its trailing four-observation average ($28.65) as of 2024-01-31.
NAV per share ($28.30) is 1.2% below its trailing four-observation average ($28.65) as of 2024-01-31. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share ($28.49) is 1.4% below its trailing four-observation average ($28.89) as of 2023-12-31.
NAV per share ($28.49) is 1.4% below its trailing four-observation average ($28.89) as of 2023-12-31. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share ($28.77) is 1.3% below its trailing four-observation average ($29.16) as of 2023-11-30.
NAV per share ($28.77) is 1.3% below its trailing four-observation average ($29.16) as of 2023-11-30. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share ($29.04) is 1.4% below its trailing four-observation average ($29.45) as of 2023-10-31.
NAV per share ($29.04) is 1.4% below its trailing four-observation average ($29.45) as of 2023-10-31. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share ($30.12) is 1.2% below its trailing four-observation average ($30.47) as of 2023-05-31.
NAV per share ($30.12) is 1.2% below its trailing four-observation average ($30.47) as of 2023-05-31. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share ($30.21) is 2.7% below its trailing four-observation average ($31.06) as of 2023-04-30.
NAV per share ($30.21) is 2.7% below its trailing four-observation average ($31.06) as of 2023-04-30. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

NAV per share fell 2.1% from $31.10 to $30.45 (2023-03-31).
NAV per share fell 2.1% from $31.10 to $30.45 (2023-03-31). (Rule B11: NAV per share drop >= 2% decline month over month; Notify.)

NAV per share ($31.25) is 2.4% below its trailing four-observation average ($32.02) as of 2023-01-31.
NAV per share ($31.25) is 2.4% below its trailing four-observation average ($32.02) as of 2023-01-31. (Rule C23: Sustained NAV decline: NAV per share >= 2% below its trailing 4-observation average; Notify.)

LP (the “Operating Partnership”) and Invesco Advisers, Inc. (2023-01-25)
LP (the “Operating Partnership”) and Invesco Advisers, Inc. (the “Adviser”) entered into the Amended and Restated Advisory Agreement (the “Advisory Agreement”). The Advisory Agreement amends and restates the prior version of the agreement to, among other things, facilitate the initiation and management, through the Operating Partnership, of a program (the “DST Program”), to issue and sell beneficial interests (the “Interests”) in specific Delaware statutory trusts (the “DSTs”) holding real properties (the “DST Properties”) in private placements exempt from registration pursuant to Section 4(a)

FFO was negative in the period ended 2021-09-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations.
FFO was negative in the period ended 2021-09-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations. (Rule C24: Distribution coverage (REIT, FFO basis): distribution_ffo_coverage < 100%; Notify.)

LP (the “Operating Partnership”), and Invesco Advisers, Inc. (2021-07-14)
LP (the “Operating Partnership”), and Invesco Advisers, Inc. (the “Adviser”) entered into an amended and restated advisory agreement (the “Advisory Agreement”), and the Company entered into an amended and restated limited partnership agreement of the Operating Partnership (the “Operating Partnership Agreement”). The amendment to the Advisory Agreement allows the Adviser to elect to receive its management fee in cash, shares of Class I common stock of the Company, shares of Class E common stock of the Company, Class I units of the Operating Partnership or Class E units of the Operating Partners

FFO was negative in the period ended 2021-06-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations.
FFO was negative in the period ended 2021-06-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations. (Rule C24: Distribution coverage (REIT, FFO basis): distribution_ffo_coverage < 100%; Notify.)

02 / Trends

How the fund has moved.

Net asset value, total return, capital flows, and distribution coverage across the filing record.

Total return index

NAV per share

Net capital flows, % of NAV

Distribution coverage

Leverage in use

Filed performance

No directly filed return covers the derived window shown below.

Derived

Window	Class	Basis	Return	Method & constituents
2025-04-01 to 2026-03-31 trailing 12m	Class I	at NAV	+5.17%	computed from filed NAVs + distributions Calculation & filed sources existing total_return_series index[2026-03-31] / index[2025-03-31] - 1 = 5.171034391642%; distribution cadence and aggregate checks passed nav_per_share · instant to 2025-03-31 · 0001756761-25-000037 nav_per_share · instant to 2025-04-30 · 0001756761-25-000052 nav_per_share · instant to 2025-05-31 · 0001756761-25-000061 nav_per_share · instant to 2025-06-30 · 0001756761-25-000072 nav_per_share · instant to 2025-07-31 · 0001756761-25-000097 nav_per_share · instant to 2025-08-31 · 0001756761-25-000106 nav_per_share · instant to 2025-09-30 · 0001756761-25-000119 nav_per_share · instant to 2025-10-31 · 0001756761-25-000134 nav_per_share · instant to 2025-11-30 · 0001756761-25-000144 nav_per_share · instant to 2025-12-31 · 0001756761-26-000007 nav_per_share · instant to 2026-01-31 · 0001756761-26-000018 nav_per_share · instant to 2026-02-28 · 0001756761-26-000024 nav_per_share · instant to 2026-03-31 · 0001756761-26-000058 dist_per_share · instant to 2025-04-30 · 0001756761-25-000042 dist_per_share · instant to 2025-05-30 · 0001756761-25-000055 dist_per_share · instant to 2025-06-30 · 0001756761-25-000064 dist_per_share · instant to 2025-07-31 · 0001756761-25-000079 dist_per_share · instant to 2025-08-29 · 0001756761-25-000101 dist_per_share · instant to 2025-09-30 · 0001756761-25-000110 dist_per_share · instant to 2025-10-31 · 0001756761-25-000122 dist_per_share · instant to 2025-11-26 · 0001756761-25-000137 dist_per_share · instant to 2025-12-31 · 0001756761-25-000148 dist_per_share · instant to 2026-01-30 · 0001756761-26-000012 dist_per_share · instant to 2026-02-27 · 0001756761-26-000021 dist_per_share · instant to 2026-03-31 · 0001756761-26-000043

Figures are reproduced from filed disclosures with their exact window, class, and stated basis. They are separate from the calculated NAV-plus-distributions index and from manager-source monthly returns.

Monthly performance eligibility

Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.

1y: Pending; 3y: Pending; 5y: Pending Manager-published observations remain distinct from SEC-filed facts and publish only after declared-crawler, robots, class, exact-window, and SEC-precedence gates pass.

Coverage basis note

The comparative FFO series is a consolidated-GAAP proxy built from the fund's own XBRL (net income plus real-estate depreciation and amortization, less gains on real-estate sales). It can differ from sponsor-reported FFO because sponsor reconciliations may include additional adjustments.

03 / Portfolio

What moved inside the book.

Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.

Pending

04 / Redemptions

Where exit demand met the cap.

Stated cap: 2% of net assets/month; 5% of net assets/quarter. The disclosed history shows no rationed period.

Requested redemptions versus cap

Period	Requested	Filled	Cap used	Status
2026-03-31	1.2% of shares source Quarterly report (Form 10-Q) · filed 2026-05-11 · period 2026-03-31 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-26-000063; denominator 0001756761-26-000063 “Full-fill identity: For the three months ended March 31, 2026 and 2025, we repurchased 272,889 and 355,116 shares of common stock for $ 7.1 million and $ 9.5 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three months ended March 31, 2026 and 2025, we repurchased 272,889 and 355,116 shares of common stock for $ 7.1 million and $ 9.5 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-26-000063","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676126000063/inreit-20260331.htm","raw_snippet":"For the three months ended March 31, 2026 and 2025, we repurchased 272,889 and 355,116 shares of common stock for $ 7.1 million and $ 9.5 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-26-000063","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676126000063/inreit-20260331.htm","name":"filed_shares_outstanding","period_end":"2026-03-31","raw_snippet":"{'end': '2026-03-31', 'val': 23371063, 'accn': '0001756761-26-000063', 'fy': 2026, 'fp': 'Q1', 'form': '10-Q', 'filed': '2026-05-11', 'frame': 'CY2026Q1I', 'unit': 'shares'}","value":23371063.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-26-000063","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676126000063/inreit-20260331.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2026-03-31","raw_snippet":"For the three months ended March 31, 2026 and 2025, we repurchased 272,889 and 355,116 shares of common stock for $ 7.1 million and $ 9.5 million, respectively, and fulfilled all repurchase requests that were made.","value":272889}} shares formula Numerator: 272,889.00 as of 2026-03-31; SEC source 0001756761-26-000063 Denominator: 23,371,063.00 as of 2026-03-31; SEC source 0001756761-26-000063	100%	Pending	filled
2026-02-28	Pending	100%	Pending	filled
2026-01-31 quarter	Pending	100%	Pending	filled
2025-09-30	1.1% of shares source Quarterly report (Form 10-Q) · filed 2025-11-07 · period 2025-09-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-25-000127; denominator 0001756761-25-000127 “Full-fill identity: For the three and nine months ended September 30, 2025, we repurchased 253,751 and 833,185 shares of common stock for $ 6.6 million and $ 22.0 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and nine months ended September 30, 2025, we repurchased 253,751 and 833,185 shares of common stock for $ 6.6 million and $ 22.0 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-25-000127","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000127/inreit-20250930.htm","raw_snippet":"For the three and nine months ended September 30, 2025, we repurchased 253,751 and 833,185 shares of common stock for $ 6.6 million and $ 22.0 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-25-000127","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000127/inreit-20250930.htm","name":"filed_shares_outstanding","period_end":"2025-09-30","raw_snippet":"{'end': '2025-09-30', 'val': 22923723, 'accn': '0001756761-25-000127', 'fy': 2025, 'fp': 'Q3', 'form': '10-Q', 'filed': '2025-11-07', 'frame': 'CY2025Q3I', 'unit': 'shares'}","value":22923723.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-25-000127","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000127/inreit-20250930.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2025-09-30","raw_snippet":"For the three and nine months ended September 30, 2025, we repurchased 253,751 and 833,185 shares of common stock for $ 6.6 million and $ 22.0 million, respectively, and fulfilled all repurchase requests that were made.","value":253751}} shares formula Numerator: 253,751.00 as of 2025-09-30; SEC source 0001756761-25-000127 Denominator: 22,923,723.00 as of 2025-09-30; SEC source 0001756761-25-000127	100%	Pending	filled
2025-08-31	Pending	100%	Pending	filled
2025-07-31	Pending	100%	Pending	filled
2025-06-30	1.0% of shares source Quarterly report (Form 10-Q) · filed 2025-08-08 · period 2025-06-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-25-000085; denominator 0001756761-25-000085 “Full-fill identity: For the three and six months ended June 30, 2025, we repurchased 238,171 and 579,434 shares of common stock for $ 6.3 million and $ 15.4 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and six months ended June 30, 2025, we repurchased 238,171 and 579,434 shares of common stock for $ 6.3 million and $ 15.4 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-25-000085","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000085/inreit-20250630.htm","raw_snippet":"For the three and six months ended June 30, 2025, we repurchased 238,171 and 579,434 shares of common stock for $ 6.3 million and $ 15.4 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-25-000085","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000085/inreit-20250630.htm","name":"filed_shares_outstanding","period_end":"2025-06-30","raw_snippet":"{'end': '2025-06-30', 'val': 22765558, 'accn': '0001756761-25-000085', 'fy': 2025, 'fp': 'Q2', 'form': '10-Q', 'filed': '2025-08-08', 'unit': 'shares'}","value":22765558.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-25-000085","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000085/inreit-20250630.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2025-06-30","raw_snippet":"For the three and six months ended June 30, 2025, we repurchased 238,171 and 579,434 shares of common stock for $ 6.3 million and $ 15.4 million, respectively, and fulfilled all repurchase requests that were made.","value":238171}} shares formula Numerator: 238,171.00 as of 2025-06-30; SEC source 0001756761-25-000085 Denominator: 22,765,558.00 as of 2025-06-30; SEC source 0001756761-25-000085	100%	Pending	filled
2025-05-31	Pending	100%	Pending	filled
2025-04-30	Pending	100%	Pending	filled
2025-03-31	1.6% of shares source Quarterly report (Form 10-Q) · filed 2025-05-12 · period 2025-03-31 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-25-000045; denominator 0001756761-25-000045 “Full-fill identity: For the three months ended March 31, 2025 and 2024, we repurchased 355,116 shares of common stock for $ 9.5 million and 250,163 shares of common stock for $ 7.1 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three months ended March 31, 2025 and 2024, we repurchased 355,116 shares of common stock for $ 9.5 million and 250,163 shares of common stock for $ 7.1 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-25-000045","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000045/inreit-20250331.htm","raw_snippet":"For the three months ended March 31, 2025 and 2024, we repurchased 355,116 shares of common stock for $ 9.5 million and 250,163 shares of common stock for $ 7.1 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-25-000045","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000045/inreit-20250331.htm","name":"filed_shares_outstanding","period_end":"2025-03-31","raw_snippet":"{'end': '2025-03-31', 'val': 22630189, 'accn': '0001756761-25-000045', 'fy': 2025, 'fp': 'Q1', 'form': '10-Q', 'filed': '2025-05-12', 'unit': 'shares'}","value":22630189.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-25-000045","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676125000045/inreit-20250331.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2025-03-31","raw_snippet":"For the three months ended March 31, 2025 and 2024, we repurchased 355,116 shares of common stock for $ 9.5 million and 250,163 shares of common stock for $ 7.1 million, respectively, and fulfilled all repurchase requests that were made.","value":355116}} shares formula Numerator: 355,116.00 as of 2025-03-31; SEC source 0001756761-25-000045 Denominator: 22,630,189.00 as of 2025-03-31; SEC source 0001756761-25-000045	100%	Pending	filled
2025-02-28	Pending	100%	Pending	filled
2025-01-31 quarter	Pending	100%	Pending	filled
2024-09-30	1.2% of shares source Quarterly report (Form 10-Q) · filed 2024-11-13 · period 2024-09-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000090; denominator 0001756761-24-000090 “Full-fill identity: For the three and nine months ended September 30, 2024, we repurchased 257,652 and 778,489 shares of common stock for $ 7.1 million and $ 21.8 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and nine months ended September 30, 2024, we repurchased 257,652 and 778,489 shares of common stock for $ 7.1 million and $ 21.8 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000090","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000090/inreit-20240930.htm","raw_snippet":"For the three and nine months ended September 30, 2024, we repurchased 257,652 and 778,489 shares of common stock for $ 7.1 million and $ 21.8 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-24-000090","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000090/inreit-20240930.htm","name":"filed_shares_outstanding","period_end":"2024-09-30","raw_snippet":"{'end': '2024-09-30', 'val': 22337452, 'accn': '0001756761-24-000090', 'fy': 2024, 'fp': 'Q3', 'form': '10-Q', 'filed': '2024-11-13', 'unit': 'shares'}","value":22337452.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000090","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000090/inreit-20240930.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2024-09-30","raw_snippet":"For the three and nine months ended September 30, 2024, we repurchased 257,652 and 778,489 shares of common stock for $ 7.1 million and $ 21.8 million, respectively, and fulfilled all repurchase requests that were made.","value":257652}} shares formula Numerator: 257,652.00 as of 2024-09-30; SEC source 0001756761-24-000090 Denominator: 22,337,452.00 as of 2024-09-30; SEC source 0001756761-24-000090	100%	Pending	filled
2024-08-31	Pending	100%	Pending	filled
2024-07-31	Pending	100%	Pending	filled
2024-06-30	1.2% of shares source Quarterly report (Form 10-Q) · filed 2024-08-13 · period 2024-06-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000059; denominator 0001756761-24-000059 “Full-fill identity: For the three and six months ended June 30, 2024, we repurchased 270,675 and 520,837 shares of common stock for $ 7.6 million and $ 14.7 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and six months ended June 30, 2024, we repurchased 270,675 and 520,837 shares of common stock for $ 7.6 million and $ 14.7 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000059","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000059/inreit-20240630.htm","raw_snippet":"For the three and six months ended June 30, 2024, we repurchased 270,675 and 520,837 shares of common stock for $ 7.6 million and $ 14.7 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-24-000059","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000059/inreit-20240630.htm","name":"filed_shares_outstanding","period_end":"2024-06-30","raw_snippet":"{'end': '2024-06-30', 'val': 22097196, 'accn': '0001756761-24-000059', 'fy': 2024, 'fp': 'Q2', 'form': '10-Q', 'filed': '2024-08-13', 'unit': 'shares'}","value":22097196.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000059","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000059/inreit-20240630.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2024-06-30","raw_snippet":"For the three and six months ended June 30, 2024, we repurchased 270,675 and 520,837 shares of common stock for $ 7.6 million and $ 14.7 million, respectively, and fulfilled all repurchase requests that were made.","value":270675}} shares formula Numerator: 270,675.00 as of 2024-06-30; SEC source 0001756761-24-000059 Denominator: 22,097,196.00 as of 2024-06-30; SEC source 0001756761-24-000059	100%	Pending	filled
2024-05-31	Pending	100%	Pending	filled
2024-04-30	Pending	100%	Pending	filled
2024-03-31	1.2% of shares source Quarterly report (Form 10-Q) · filed 2024-05-13 · period 2024-03-31 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000038; denominator 0001756761-24-000038 “Full-fill identity: For the three months ended March 31, 2024, we repurchased 250,163 shares of common stock for $ 7.1 million and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three months ended March 31, 2024, we repurchased 250,163 shares of common stock for $ 7.1 million and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000038","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000038/inreit-20240331.htm","raw_snippet":"For the three months ended March 31, 2024, we repurchased 250,163 shares of common stock for $ 7.1 million and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-24-000038","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000038/inreit-20240331.htm","name":"filed_shares_outstanding","period_end":"2024-03-31","raw_snippet":"{'end': '2024-03-31', 'val': 21745593, 'accn': '0001756761-24-000038', 'fy': 2024, 'fp': 'Q1', 'form': '10-Q', 'filed': '2024-05-13', 'unit': 'shares'}","value":21745593.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000038","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000038/inreit-20240331.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2024-03-31","raw_snippet":"For the three months ended March 31, 2024, we repurchased 250,163 shares of common stock for $ 7.1 million and fulfilled all repurchase requests that were made.","value":250163}} shares formula Numerator: 250,163.00 as of 2024-03-31; SEC source 0001756761-24-000038 Denominator: 21,745,593.00 as of 2024-03-31; SEC source 0001756761-24-000038	100%	Pending	filled
2024-02-29	Pending	100%	Pending	filled
2024-01-31 quarter	Pending	100%	Pending	filled
2023-09-30	1.1% of shares source Quarterly report (Form 10-Q) · filed 2024-11-13 · period 2023-09-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000090; denominator 0001756761-23-000104 “Full-fill identity: For the three and nine months ended September 30, 2023, we repurchased 223,715 and 948,536 shares of common stock for $ 6.7 million and $ 29.9 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and nine months ended September 30, 2023, we repurchased 223,715 and 948,536 shares of common stock for $ 6.7 million and $ 29.9 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000090","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000090/inreit-20240930.htm","raw_snippet":"For the three and nine months ended September 30, 2023, we repurchased 223,715 and 948,536 shares of common stock for $ 6.7 million and $ 29.9 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-23-000104","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676123000104/inreit-20230930.htm","name":"filed_shares_outstanding","period_end":"2023-09-30","raw_snippet":"{'end': '2023-09-30', 'val': 21084123, 'accn': '0001756761-23-000104', 'fy': 2023, 'fp': 'Q3', 'form': '10-Q', 'filed': '2023-11-13', 'unit': 'shares'}","value":21084123.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000090","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000090/inreit-20240930.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2023-09-30","raw_snippet":"For the three and nine months ended September 30, 2023, we repurchased 223,715 and 948,536 shares of common stock for $ 6.7 million and $ 29.9 million, respectively, and fulfilled all repurchase requests that were made.","value":223715}} shares formula Numerator: 223,715.00 as of 2023-09-30; SEC source 0001756761-24-000090 Denominator: 21,084,123.00 as of 2023-09-30; SEC source 0001756761-23-000104	100%	Pending	filled
2023-08-31 quarter	Pending	100%	Pending	filled
2023-06-30 quarter	1.6% of shares source Quarterly report (Form 10-Q) · filed 2024-08-13 · period 2023-06-30 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000059; denominator 0001756761-23-000080 “Full-fill identity: For the three and six months ended June 30, 2023, we repurchased 323,706 and 724,822 shares of common stock for $ 10.2 million and $ 23.2 million, respectively, and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three and six months ended June 30, 2023, we repurchased 323,706 and 724,822 shares of common stock for $ 10.2 million and $ 23.2 million, respectively, and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000059","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000059/inreit-20240630.htm","raw_snippet":"For the three and six months ended June 30, 2023, we repurchased 323,706 and 724,822 shares of common stock for $ 10.2 million and $ 23.2 million, respectively, and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-23-000080","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676123000080/inreit-20230630.htm","name":"filed_shares_outstanding","period_end":"2023-06-30","raw_snippet":"{'end': '2023-06-30', 'val': 20626911, 'accn': '0001756761-23-000080', 'fy': 2023, 'fp': 'Q2', 'form': '10-Q', 'filed': '2023-08-11', 'unit': 'shares'}","value":20626911.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000059","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000059/inreit-20240630.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2023-06-30","raw_snippet":"For the three and six months ended June 30, 2023, we repurchased 323,706 and 724,822 shares of common stock for $ 10.2 million and $ 23.2 million, respectively, and fulfilled all repurchase requests that were made.","value":323706}} shares formula Numerator: 323,706.00 as of 2023-06-30; SEC source 0001756761-24-000059 Denominator: 20,626,911.00 as of 2023-06-30; SEC source 0001756761-23-000080	Pending	Pending	Pending
2023-03-31	2.0% of shares source Quarterly report (Form 10-Q) · filed 2024-05-13 · period 2023-03-31 explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100; numerator 0001756761-24-000038; denominator 0001756761-23-000060 “Full-fill identity: For the three months ended March 31, 2023, we repurchased 401,116 shares of common stock for $ 13.0 million and fulfilled all repurchase requests that were made. \| Repurchased quantity: For the three months ended March 31, 2023, we repurchased 401,116 shares of common stock for $ 13.0 million and fulfilled all repurchase requests that were made.” Why this source Both constituents are filed for the same fund and pass the recorded date, scale, and basis assertions. Method Derived: computed from other stored facts Open the filing on SEC.gov · Full observation history Technical locator {"assertions":{"basis":"shares_outstanding","candidate_artifact_sha256":"89e62c05bb5a338d60af7156df2384304f6e55782dbae9b5edc4875fa308c61e","full_fill_statement":{"accession":"0001756761-24-000038","cap_inference":"none","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000038/inreit-20240331.htm","raw_snippet":"For the three months ended March 31, 2023, we repurchased 401,116 shares of common stock for $ 13.0 million and fulfilled all repurchase requests that were made.","strict":true},"identity_yields_number_only":true,"no_under_cap_inference":true,"quantity_unit":"shares","same_date":true,"same_fund":true,"same_scale":true},"denominator":{"accession":"0001756761-23-000060","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676123000060/inreit-20230331.htm","name":"filed_shares_outstanding","period_end":"2023-03-31","raw_snippet":"{'end': '2023-03-31', 'val': 20544379, 'accn': '0001756761-23-000060', 'fy': 2023, 'fp': 'Q1', 'form': '10-Q', 'filed': '2023-05-12', 'unit': 'shares'}","value":20544379.0},"formula":"explicit_full_fill_repurchased_shares / same_date_filed_shares_outstanding * 100","kind":"derived_redemption_demand","metric":"redemptions_requested_pct","numerator":{"accession":"0001756761-24-000038","locator":"https://www.sec.gov/Archives/edgar/data/1756761/000175676124000038/inreit-20240331.htm","name":"explicit_full_fill_repurchased_shares","period_end":"2023-03-31","raw_snippet":"For the three months ended March 31, 2023, we repurchased 401,116 shares of common stock for $ 13.0 million and fulfilled all repurchase requests that were made.","value":401116}} shares formula Numerator: 401,116.00 as of 2023-03-31; SEC source 0001756761-24-000038 Denominator: 20,544,379.00 as of 2023-03-31; SEC source 0001756761-23-000060	Pending	Pending	Pending

05 / Financing

How the balance sheet is funded.

Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.

Borrowing source	Amount
Notes payable	$235,153,000
Repurchase agreements (repo)	$157,680,000
Total borrowings	$392,833,000

Unconsolidated joint ventures: $121,347,000 as of 2026-03-31. This is carrying value, not debt added to the fund.

How to read these financing entries

Borrowings are balance-sheet obligations. An undrawn facility is standby liquidity and is not debt until used. Synthetic notional describes market exposure rather than an amount owed, while unconsolidated joint-venture carrying value is shown as context and is not added to fund debt.

06 / Share classes

How the offering is divided.

A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.

Not attributed 100.0%

Share of total net assets ($45,879,000) as of 2026-03-31; the hatched band is net assets the filings do not attribute to a captured class.

Class	Terms-based role description	Load	Servicing	Minimum	Assets
Class I	Pending	Pending	Pending	Pending	Pending

Management fee: 1.00% of nav by share class per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001756761-25-000134.

Filed fee conditions

We pay the Adviser a management fee equal to 1.00% of NAV for Class T, Class S, Class D, Class I, Class S-PR and Class K-PR shares (and the corresponding INREIT OP unit classes) per annum, calculated and payable monthly. No management fee is paid on Class E shares/units; Class N shares/units begin paying the same 1.00% commencing January 16, 2030. The value of the Fund's investment in Invesco Commercial Mortgage Income - U.S. Fund, L.P. is excluded from NAV for purposes of calculating the fee.

Canonical-class fee profile

Class	Management	Incentive	Load	Servicing	Gross expenses	Net expenses
Class I	1.00%	12.5% of total return, 6% hurdle + high-water mark * performance participation interest: 12.50% of Total Return; 6.0% annual hurdle and High Water Mark; catch-up applies. SEC source 0001756761-26-000063	Pending	Pending	Pending	Pending

Fee component	Rate	Basis / class	Condition
Performance · performance participation interest	12.50%	Total Return	6.0% annual hurdle and High Water Mark; catch-up applies.^*

SEC source 0001756761-25-000134 · SEC source 0001756761-26-000063

^* Catch-up applies; detailed mechanics remain in the cited filing.

07 / Sources

The evidence beneath the page.

Filed terms and recent documents remain available without crowding the primary research flow.

Term register (3)

Term	Description	Value	Effective
advisory_fee_schedule	We pay the Adviser a management fee equal to 1.00% of NAV for Class T, Class S, Class D, Class I, Class S-PR and Class K-PR shares (and the corresponding INREIT OP unit classes) per annum, calculated and payable monthly. No management fee is paid on Class E shares/units; Class N shares/units begin paying the same 1.00% commencing January 16, 2030. The value of the Fund's investment in Invesco Commercial Mortgage Income - U.S. Fund, L.P. is excluded from NAV for purposes of calculating the fee.	1.0 pct_annual_of_nav_by_share_class	Pending
leverage_ceiling	ed in substantial part by borrowing, which increases our exposure to loss. Under our charter, we have a limitation that precludes us from borrowing in excess of 300% of our net assets, which approximates borrowing 75% of the cost of our investments (unless a majority of our independent directors approv	300.0 pct_of_net_assets	Pending
repurchase_program_terms	Share Repurchase Plan: total amount of shares repurchased limited, in any calendar month, to no more than 2% of aggregate NAV (measured as of the end of the immediately preceding month), and in any calendar quarter, to no more than 5% of aggregate NAV (measured using the average aggregate NAV as of the end of the immediately preceding three months).	2.0 pct_of_aggregate_nav_per_month	Pending

Recent filings

Filed	Form	Accession
2026-07-31	8-K	0001756761-26-000106
2026-07-17	8-K	0001756761-26-000104
2026-07-17	424B3	0001756761-26-000103
2026-06-30	8-K	0001756761-26-000097
2026-06-15	424B3	0001756761-26-000093
2026-06-15	8-K	0001756761-26-000094
2026-05-29	8-K	0001756761-26-000086
2026-05-27	8-K	0001756761-26-000084
2026-05-22	424B3	0001756761-26-000081
2026-05-22	424B3	0001756761-26-000079
2026-05-14	424B3	0001756761-26-000074
2026-05-14	8-K	0001756761-26-000075
2026-05-11	10-Q	0001756761-26-000063
2026-05-11	424B3	0001756761-26-000065
2026-04-30	8-K	0001756761-26-000060