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Boris Rumak

Director, Credit

Previously a Senior Vice President at Hudson Advisors, where he was responsible for the underwriting of European distressed real estate and real estate debt on behalf of Lone Star Funds. Prior to Hudson, worked at RBS focusing on structured credit. Began his career at Moody’s in the securitisation team. Career highlights include acquisitions of real estate assets and NPL portfolios across UK and Continental Europe in excess of £10bn face value. Divestment of a stake in a publicly listed real estate company with a GAV of over €2bn. Deleveraging RBS’ non-core loan portfolio via creation of a £1.4bn JV fund and subsequently securitising vendor finance Education and accreditations:
  • Master’s degree in Finance from the University of Mannheim, Germany
  • Chartered Financial Analyst
Insights from Boris Rumak
Mitigating contractor insolvency risk when funding modular construction schemes
Modular construction is a method of delivering new housing schemes that has attracted equal parts fascination and scepticism from real estate investors. On the one hand, the prospect of funding a scheme where the building modules are manufactured off-site in…
Street’s ahead: why metro mayors are good news for UK housing
Since their formal introduction via the Cities and Local Government Devolution Act in 2016, metro mayors have quickly become figureheads for urban revival in the UK. These directly elected city leaders are assigned devolution budgets intended to expedite the growth,…