| Education Realty Trust?s Jeff Resetco shared details on a 572-bed, 280k SF independent residential building at Johns Hopkins? Science and Technology Park (master developed by Forest City) being built by a JV of Clark Construction and Banks Construction. Jeff, above, with project manager Justin Hollier at the site, tells us EDR and Otis Warren are jointly developing the project along with land owner, East Baltimore Development. EDR provided $18M in mezzanine financing, in addition to a $28M construction loan from PNC BankDelivery, is slated for summer '12, four years after the initial RFP was issued. Walker & Dunlop?s Will Baker, on our capital markets panel, says October is the best month to set up financing for these projects because it allows time to make collections from tenants (encouraging lenders to close the deal).