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Property values have seen a reset across many sectors and markets resulting in stalling transactions as it is difficult to determine how much of a discount should be applied. Pricing is easier when the market is experiencing stable conditions, which makes it which makes it easy to gauge values. “The disconnect right now is that values have fallen much faster than pricing, but we’re not observing it yet because there has been a huge falloff in transaction volume,” says Anthony M. Graziano, MAI, CRE, chief executive officer at Integra Realty Resources (IRR). continue