After only 30 years in business, Berrada Properties managed to become infamous for its continuous failures in managing the upkeep of its rental properties. Perhaps Youssef thinks that Third-World standards should be brought here?
The City of Milwaukee has limited options--that is, the City cannot "fix" the plumbing and heating systems.
But Barrada's bankers must be getting very, very, nervous, because the City--after the usual courtroom stuff--can issue condemnation orders.
That drops the value of the property to near-zero, and if you're the bank holding that mortgage, you are in trouble.
Watch the action with the banks.
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