A city-backed hotel near Johns Hopkins missed $21 million loan repayment

A lender is threatening to take control of a city-backed hotel that is part of an ambitious redevelopment of an East Baltimore neighborhood, court records show. The owner of the 15-story Residence Inn Baltimore at the Johns Hopkins Medical Campus missed a July deadline to repay a $21 million loan. The lender is now asking a judge to put the entire complex — which includes several commercial and restaurant spaces — in the hands of another operator while its finances are sorted out.