If their lease is up couldn't they raise their rent? Leases I have signed generally state a rate for a given period. Often both parties will choose to just continue past that, but in a high inflation environment you can't really expect that.

Landlords aren't the reason prices are high. Prices are high in part because more people want to be where there is less housing than will house that many people so they bid it up, and in part because of inflation. Both factors are in no small part influenced by the FED.

Housing is not a high margin industry (for most common housing). The cost of everything has been going up a lot. Labor, hardware, power, loans..... You don't want companies waiting until they need the money to try and get the money. That's what happened to SVB, and what will probably happen to a lot of companies in the next couple years. Especially ones with high debt. Can you think of an industry that involves holding a lot of debt?