Boris Dorfman

Boris Dorfman is the Founder, President and Fund Manager of LBC Capital Income Fund, LLC, and the firm’s site also identifies him as Broker of Record for Lending Bee, Inc. LBC Capital says he is responsible for developing fund procedures and administration and for raising capital for future growth.

In a 2025 interview, Dorfman said he studied accounting and was working as a Senior Accountant and Financial Analyst at a real estate development firm by age 23. He said that in March 2003 he left that role to launch a mortgage brokerage with Vladimir Isperov. After the 2008 financial crisis, the business repositioned itself as a hard-money lender; by 2012, Dorfman said the team opened a fund.

Dorfman’s LinkedIn profile lists LBC Capital Income Fund, LLC in North Hollywood and education at California State University, Northridge from 1999 to 2002. It also lists English and Russian language proficiency. LBC-related profiles and speaker bios describe him as having more than 20 years of real estate, private lending and structured-finance experience.

Under Dorfman’s leadership, LBC Capital describes itself as a debt fund focused on capital preservation, monthly income and real-estate collateral. Public firm materials cite over 170 investors or fund members, approximately $100 million in assets under management in interview/speaker materials, and over $1 billion in funded loan transactions across 15 years of operation in a 2026 expansion announcement.

• LBC Capital’s strategy is private real estate debt rather than startup angel or seed equity. The fund originates or participates in short-term loans secured by real estate collateral and trust deeds.
• Dorfman’s stated 2026 thesis: “We focus on simple, asset-backed lending and disciplined underwriting.” He said the national expansion aims to bring a structure “backed by real collateral and conservative loan standards” to major U.S. markets.
• The fund emphasizes capital preservation, conservative loan structure, first-lien collateral where applicable, title insurance, hazard insurance when appropriate, and diversified exposure across borrowers, property types and regions.
• LBC Capital says it prefers business-purpose loans on properties that generate rental income or have a significant commercial purpose.
• Public materials describe typical underwriting around conservative loan-to-value ratios, including 60-65% LTV in one LBC Capital article.
• The firm targets accredited investors seeking portfolio diversification, monthly income, retirement-plan investing through self-directed accounts, or real estate exposure without directly owning property.
• LBC Capital’s stated investor minimum is $100,000, and its public loan-size range is $50,000 to $25 million.