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David Kosoy Celebrates 10-Year Milestone for Sterling Mortgage Income Fund

By The Nassau Guardian| November 2022

Sterling Global Financial Chairman David Kosoy

David Kosoy, Chairman of Sterling Global Financial, is marking a decade of success for the Sterling Mortgage Income Fund, which now oversees more than $1 billion in projects across The Bahamas. Under Kosoy’s leadership, the fund has delivered consistent double-digit returns for investors, even amid volatile capital markets, while maintaining a strong focus on risk management and investor security.

“We are very proud of our track record,” Kosoy said, highlighting the fund’s ability to protect capital while generating attractive income streams. Over the past ten years, the fund has financed approximately 100 mortgages totaling over $350 million, supporting residential communities, mixed-use developments, retail centers, and marinas across North America and select European markets.

Kosoy’s vision extends to landmark Bahamian projects, including the Paradise Landing development, Hurricane Hole Superyacht Marina, and Montage Cay in Abaco. By combining speed, flexibility, and deep real estate expertise, David Kosoy has positioned the Sterling Mortgage Income Fund as a leading model of institutional-grade real estate financing, laying the foundation for continued growth and global impact.

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