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orthgate Real Estate Group, led by Greg Corbin, dominated the distressed real estate market for a second consecutive year in 2024. The firm drove record-high transaction volume and aggregate dollar value, solidifying its position as the preeminent leader in bankruptcy, foreclosure, and restructuring brokerage. Northgate was ranked #1 in New York City and one of the top 3 firms in the country by BankruptcyData.
In 2024, Northgate signed, put into contract, and closed 56 deals with an aggregate value of $625 million. The firm's innovative strategies and expertise in bankruptcy, foreclosure, workouts, and loan sales have made it the trusted brokerage firm of choice for property owners, lenders, investors, receivers, and attorneys.
"Northgate Real Estate Group's performance has been outstanding," said James Hammond, CEO of BankruptcyData. "Their ability to consistently lead in this space is a testament to their expertise and dedication."
Greg Corbin, Northgate's President, emphasized the importance of decisive action and industry knowledge when dealing with distressed properties. The firm's team moves quickly and strategically to close deals, whether conventional or complex.
In 2024, Northgate continued to lead the way in creative restructuring deals that aligned the interests of borrowers and lenders. The firm successfully executed workouts for over a dozen distressed assets, representing a total value exceeding $120 million.
"We're proud of the impact we've made in the industry," said Chaya Milworn, Northgate's Executive Managing Director. "With over $3.4 billion in transactions completed to date, we are excited to build on this momentum in 2025 and beyond."
Northgate Real Estate Group is a New York City-based brokerage and advisory firm specializing in the sale and restructuring of distressed assets and loans. The firm provides strategic services to property owners, financial institutions, investors, and lenders dealing with bankruptcy, foreclosure, and loan sales.
Media Contact: Chaya Milworn
Executive Managing Director
Northgate Real Estate Group
Direct: 212.419.8103
Cell: 917.804.7458
chaya@northgatereg.com
