Invesco Real Estate Appoints Charlie Rose as CEO of Commercial REIT
Invesco Real Estate has named Chase Bolding as head of North America for Invesco Real Estate. Charlie Rose, global head of real estate credit for Invesco Real Estate, has additionally been named chief executive officer of Invesco Commercial Real Estate Finance Trust Inc., or INCREF, a perpetual life real estate investment trust focused on private credit secured by real estate. Rose was also appointed to the REIT’s board of directors.
Both executives will now report directly to R. Scott Dennis, CEO of Invesco Real Estate.
“For over four decades, Invesco Real Estate has been focused on building a world-class global platform dedicated to helping clients redefine success in commercial real estate,” said Dennis. “We’re pleased to announce Chase and Charlie’s new roles, furthering our ability to deliver client excellence and meet the evolving needs of institutional and individual investors.”
Bolding joined Invesco Real Estate in 2010 and has played a critical role in shaping the platform. The company said he has been a driving force behind successful initiatives including leading the firm’s U.S. opportunistic business for seven years, launching and building Invesco’s first non-traded REIT, and serving as chief investment officer of Invesco Real Estate United States for the past two years.
“We believe real estate is entering a new cycle and we’re well-positioned for the opportunities ahead,” said Bolding. “I’m excited to step into this role alongside an experienced and talented team, with the shared goal of delivering results to our investors.”
Rose joined Invesco Real Estate in 2017 and has expanded its real estate credit business. Over the past nine years, he launched the firm’s first dedicated real estate credit fund and led an acquisition to further establish the platform’s European presence. Rose also served as president and lead portfolio manager of INCREF prior to his new appointment as CEO of INCREF. He remains global head of real estate credit for Invesco Real Estate.
Previously reported by AltsWire, INCREF, which launched in summer 2023, reported an aggregate net asset value of $921.11 million at the close of August 2025, a 4.2% month-over-month bump since July.
More recently, its total NAV was approximately $967.86 million as of Sept. 30, a 5% increase month-over-month. At the end of September, the company’s commercial real estate loan portfolio had a fair value of $4.1 billion and outstanding principal balance of $4.1 billion.
During the month, the REIT closed on three U.S. loan originations, including a $39.5 million whole loan secured by a four-building industrial portfolio in San Antonio, Texas; a $91.1 million whole loan secured by a multifamily property in Chicago; a $255.5 million whole loan secured by three multifamily properties in Austin, Texas and Dallas, Texas. The company also closed on one European loan origination, a $22.6 million whole loan secured by an industrial property in Northern Italy.
“Invesco Real Estate is positioned for significant growth as a result of our broad proprietary originations channels, data informed approach, and distinctly collaborative culture,” concluded Rose. “These factors form the bedrock of our platform which we believe uniquely positions us to deliver innovative solutions for our global clients.”
Global real estate investment manager Invesco Real Estate reported $88 billion in real estate assets under management, 603 employees and 21 regional offices across the United States, Europe and Asia Pacific as of March 31, 2025.
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