Interest rates are falling, but the Fed's propensity to cut rates won't have much impact for non-bank lenders, according to Gary Bechtel of Money360.

Don't count on the market breaking in 2020. The multifamily market has a long runway ahead, according to NorthMarq's Trevor Koskovich. While fear of a downturn hitting next year has grown, Koskovich doesn't see any signs of market failure, and his clients are planning to maintain a healthy appetite for multifamily next year.