Distressed sales loom amid high debt and low coverage ratios.

A 35% tariff on Canadian goods also looms large.

Growth slows, delinquencies rise, and multifamily losses hit a peak.

Meanwhile, national occupancy is up year-over-year.

Issuance was up 35% year-over-year, according to Trepp.

A rent freeze would make conversions financially unfeasible.

Mphasis Digital Risk experts expect it within a few years.

The rate reduction puts green construction on equal footing with conventional projects.