Thomas D. Philipsborn was a mainstay in Chicago’s mortgage banking community, for many years running The Philipsborn Co., which was founded by his father.
Born in Chicago, Philipsborn grew up in Glencoe and graduated from New Trier High School. He earned a bachelor’s degree from Lake Forest College in 1950, and he then served in the Merchant Marine during the Korean War. “He knew if the numbers made sense or not,” said Philipsborn’s nephew, Andrew, who today is president of The Philipsborn Co. “There was so much growth here after the war, with a lot of development going on, and his generation really was part of it.”
Chaplin also recalled how impressed he was that Philipsborn was willing to introduce Chaplin to several of his large clients.
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