Appraisal business is down, as investment sales activity and refinancing deals have declined. Now, appraisers must rely on supplemental data to make value assessments.

The new investment, which is expected to close March 1, will have the same structure, terms and fees as the university’s initial stake in Blackstone Real Estate Income Trust, according to a statement Wednesday. Those terms include a six-year lock...

Sanctioned Russians may be trying to evade detection by investing in projects that are less likely to draw public or media attention, eschewing luxury for more modest real estate projects, which could include investments ranging from offices to...