BERKELEY — A buyer has emerged for an East Bay hotel whose owner filed for bankruptcy just ahead of a foreclosure effort that the property’s lender launched in an attempt to seize ownership of the lodging site.

University Inn & Suites, a 113-room hotel at 920 University Ave. in Berkeley, defaulted on a $10.5 million loan that the hotel obtained in 2019. The loan default was filed on Feb. 11.

Kubera Hotel Properties, the principal owner of University Inn, has won a judge’s approval to sell the hotel to Goldfin Ventures, according to documents on file with the U.S. Bankruptcy Court.

The hotel would be sold for $17 million to Goldfiln Ventures, an LLC whose principal managers include Vinu Krishnamurthy, according to a bankruptcy judge’s order issued on Aug. 26. Krishnamurthy states on his

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