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PEORIA, ILL. — The Philipsborn Co. has arranged $1.8 million in first mortgage financing for Fieldmoor Apartments, a 150-unit complex at 1601 W. Gift St. in Peoria. The property includes 75, two-story duplexes and two, one-story maintenance buildings. David Kubert of The Philipsborn Co. arranged the 15-year, fixed-rate loan through a correspondent insurance company. The borrower is a limited liability company.