ACORE Capital Appointed Coury Hospitality for Tacoma Hotel

The Dallas-based operator will manage the Marriott Tacoma Downtown following the hotel's exit from receivership.

Updated on Oct. 2, 2026 in Hospitality

Isometric editorial illustration of a modern hotel facade, representing the structured business transition of the Marriott Tacoma Downtown. — ACORE Capital has tapped Coury Hospitality to manage the Marriott Tacoma Downtown, signaling a operational transition following the property's exit from receivership. AI Illustration. Upload story photo >

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ACORE Capital has selected Coury Hospitality to manage the Marriott Tacoma Downtown, a 304-room hotel that recently transitioned to new ownership. The appointment follows a $50 million purchase of the property during a trustee sale earlier this year.

Why it matters

The change in management marks a fresh chapter for the hotel, which previously struggled with operational challenges and a loan default. New leadership aims to stabilize the site's market position following the conclusion of lengthy receivership proceedings.

The property includes 304 rooms and 25,000 square feet of meeting space, following an initial $70 million loan default. ACORE Capital acquired the hotel for $50 million during a trustee sale in January 2026.

The players

ACORE Capital

This is a real estate finance company headquartered in New York that manages commercial property investments.

Coury Hospitality

This is a Dallas-based hospitality management company that operates a variety of full-service hotel properties.

Marriott Tacoma Downtown

This is a major hotel property located in downtown Tacoma that serves business travelers and event attendees.

The details

Coury Hospitality will oversee all aspects of hotel operations, including guest services, food and beverage, and revenue strategy. The move serves to address operational issues identified in a March 2026 report, which highlighted a need for improved training and housekeeping efficiency.

The hotel originally opened for business in 2020.
A $70 million loan was initiated for the property in 2021.
The hotel was purchased in a trustee sale in January 2026.
A receiver reported on operational issues in March 2026.
Receivership proceedings for the hotel concluded in May 2026.

Market Landscape

This transition reflects the common industry practice of replacing management after a property emerges from financial distress. By bringing in a specialized operator like Coury Hospitality, ACORE Capital aims to reposition the asset against local competitors.

Guests can expect a renewed focus on service standards and hotel operations at the downtown property. The transition is unlikely to affect current room rates or booking procedures in the immediate future.

The takeaway

Effective property management is essential for hotels recovering from financial receivership to regain market trust. Focusing on staff training and operational efficiency remains the standard recovery path for struggling hospitality assets.