Prashant Merchant
Executive Vice President, Colliers | Virginia
Richmond, VA 23230
Primary focus on the analysis and disposition of Hotels/Motels in the Mid-Atlantic market.
Phone (757) 589-6954
Primary focus on the analysis and disposition of Hotels/Motels in the Mid-Atlantic market.
Specialties
Investment Sales Broker
Property Types
Hospitality
Markets
Philadelphia, Richmond VA, Hampton Roads, Greensboro/Winston-Salem
Languages
English, Gujarati, Hindi
Bio
Prashant Merchant is an Executive Vice President with Colliers | Virginia. Prashant is based in Richmond, VA with a primary focus on the analysis and disposition of hotels and motels in the Mid-Atlantic market and an emphasis on exclusive seller representation. Prashant provides his clients access to the largest pool of qualified investors locally, nationally, and internationally, creating maximum exposure for their properties and a competitive bidding environment. Prashant is committed to the highest level of client service with direct involvement in every transaction including franchise negotiation and financing.
Prior to joining Colliers in 2021, Prashant was a Vice President at Marcus & Millichap and a Director at their National Hospitality Group, where he was consistently ranked in the firm’s top 10 producers. Before becoming a real estate salesperson in 2016, Prashant had been involved as an entrepreneur in transacting sales, refinances, and DPOs of multiple properties. Example property types include Limited-Service, Full-Service and Boutique Hotels affiliated with multiple brands. Prashant is also a principal / partner of a Wyndham Worldwide property in Downtown Norfolk. Prashant has worked with lenders, franchises, buyers, and sellers from around the country and produced results for his own businesses. He now delivers real time information to his clients about the hotel/motel market conditions and the best ways to capitalize on forward-looking trends.
Prashant is a graduate of the Kelley School of Business at Indiana University and is a licensed real estate salesperson in Virginia.
Education
