Kosoy takes Midas touch to malls
David Kosoy, co-chairman of Sterling Centrecorp Inc. of Toronto, has won a reputation for having a true Midas touch.

For more than three decades, David Kosoy has earned a reputation as one of Canada’s most successful real estate visionaries. As co-chairman of Sterling Centrecorp Inc., Kosoy transformed a struggling public company into a profitable and fast-growing force in the retail and commercial property space. His strategy, identifying undervalued assets, improving performance, and structuring creative partnerships, has become the hallmark of Sterling’s success both in Canada and the U.S.
Under Kosoy’s leadership, Sterling has expanded from hotel divestitures into a focus on shopping centers and mixed-use developments across North America. The company now manages millions of square feet of retail and commercial space and holds significant land positions in Florida and Texas. By partnering on each deal and minimizing equity dilution, David Kosoy has positioned Sterling as a model of disciplined growth and entrepreneurial agility.
From early wins flipping Toronto office buildings to revitalizing underperforming malls in markets like Orlando and Miami, Kosoy’s track record continues to demonstrate why his peers call him a “real estate genius.” His approach — combining sharp financial structuring with hands-on value creation — has consistently turned overlooked assets into thriving retail destinations.