The corporation name 6642594 CANADA INC.. Business Informatoin. Its just a wild historical aberration Weve never seen anything like it before, says Peter Hepburn, an Association Professional Specialist at the Eviction Lab. Some city officials praiseBerrada, saying he oversees a well-run operation that buys and rehabs neighborhood eyesores. In 1990,he graduated from Marquette University with a degree in engineering. What if my kids are taken from me? Help assure the future of citys fastest growing publication. Berradaoperations generally make repairs that are ordered by the city in a timely manner. "We work very hard every day to do better. "There's a question of will we go back to what it was pre-pandemic when there was no money available?" Joe Cole is a handsome and well-mannered 35-year-old English actor who was born on November 28, 1988. Sign-in to take full advantage of your membership, including an ad-free website and improved browsing experience. One of the few timesBerrada'sname has appeared in the news came in 2008 whenBearden-Berradawas charged with three counts of reckless endangerment for driving her Hummer on the lawn of the Mequon estate and attempting to run over her ex-husband and the couple's then 9-year-old daughter. In April, the Wall Street Journal called it a Potential Bonanza in Distressed Sales., When the CEO of Blackstone Stephen A. Schwarzman was asked at the Goldman Sachs Conference at the beginning of December if the pandemic would be similar to the last financial crisis for investors, he gloated: Blackstone was a huge winner coming out of the global financial crisis and I think something similar is going to happen now. "I got out of the shower and he was sitting on the couch.". By January, almost 12 million renters owed an average of $5,850 in back rent and utilities-an insurmountable sum in a country where before the pandemic 40% of the population didnt have $400 on hand in an emergency. While not well known throughout the city, Berrada's presence can befeltin some neighborhoods, especially on the west and north sides just look for the ubiquitous boulders. Inthe days after the Journal Sentinel reported that Attorney General Josh Kaul's agency had sued Berrada, several tenants contacted the newspaper to complain about the conditions of their rental units. The company's eviction rate dropped sharplyshortly afterward as it developed a close working relationship with CommunityAdvocates. Berrada has long been synonymous with evictions in Milwaukee. Berrada, who moved to Milwaukee at age 16 as a foreign exchange student at South Milwaukee High School, owns close to 8,000 properties in Milwaukee, Racine, St. Francis and West Allis. Last year, his companies bought seven properties from James Herrick, the River Hills millionaire andRobert W. Baird Inc. executive, who rented outdilapidatedcentral city properties loaded with building code violations. ", She noted the grass near the entry "was dug up, uneven, and a fall risk.". Foley explained that the eviction filings Berrada was handing out like candy would haunt tenants for years to come, making it close to impossible to find future housing. While landlords renting to lower-income renters face greater risk of missed rent payment or sudden vacancies, they offload that risk onto tenants which means that landlords who rent to poor tenants make nearly twice as much profit as those renting to people of means. These COVID stimulus subsidies could have covered the nine months of rent due since the beginning of the pandemic for 24,394 families, Jobs with Justice calculated. Groups like Mediate Wisconsin, Legal Aid Society, and Community Advocates have all raised awareness by creating a virtual Milwaukee Rental Housing Center where tenants can access resources. Complicating things further for tenants is that private equity firms are regularly buying and selling properties among themselves. That can continueto haunt them, hobbling efforts to find new places to live. And when evicting Berrada always gets his money. Ben Youcef Net Worth. When this eviction was filed, JT had already paid Berrada $1,300 in late fees, plus the court fees each time an eviction was filed, just to stay in his home. "Our tax dollars should be used to provide a good place live," Goyke said adding the dollars should not go to a landlord "who won't repair a dishwasher.". ", Still, Goyke added, landlords who receive taxpayer-fund rent assistance payments"should be held accountable to a certain standard. The Mequon home of Youssef Berrada, a landlord owns more than 300 buildings and 3500 rental units in the Milwaukee area. Between 2018 and 2020, one tenant, called JT in the complaint, had four evictions filed against him and was billed late fees for rent 31 times. "He owns so many units and housing insecurity is a huge issue andwe don'twant to put people into homelessness. It was the most devastating experience; I had never been evicted, I had never been in such a situation, said Clark. Youssef "Joe" Berrada, a native of Morocco who lives in a $1.6 million Mequon mansion, has quickly and quietly become a force in the Milwaukee rental business and the county eviction court. One of his tenants, Ernestine Young, told the paper that after a Berrada company purchased her building, workers cleared out her storage area without telling her. Known for placing his trademark boulders on many properties, Berrada companiescontrol at least 8,000 rental units, making it one of the largest landlords catering to low-income and working-class tenants in Milwaukee. "SDCs rent assistance process is the same for every landlord and tenant," the nonprofit said in an email. Records show Berradaor companies linked to him paid more than $17 million to buy homes and a luxury condoinMaui;Boca Roton, Fla.;Scottsdale,Ariz.;Chicago;San Diego and near Las Vegas. retained second twin medscape; why does alabama not have a lottery. Youssef "Joe" Berrada, a native of Morocco who lives in $1.6 million Mequon mansion, has quickly and quietly become a force in the Milwaukee rental business. He also allegedly filed around 850 evictions in a matter of two weeks earlier this month. "The construction that is occurring in her apartment has significantly affected her health,"her physician, Brian Hilgeman, wrote in a 2017 letter to help Young break her lease. Try for free at rocketreach.co . . But, after a year or so, conditions declined. This is what we know about Joe Berrada net worth based on a recent study by Forbes and business insiders: He is worth more than a couple of million dollars. For many corporate landlords, there is no system for understanding why a tenant might have missed a rent check- its simply data plugged into a computer system that spits an eviction notice out after a set period of time. Sometimes the company sends written notices stating work needs to be done and, In order to effectively perform our work, we are asking that your unit be vacated as soon as possible. PO Box 241191. Eight million Americans have entered poverty during the pandemic. An apartment on North 29th Street in Milwaukee owned by Youssef "Joe" Berrada company featuring his signature boulder on lawn. "They just put band-aids on everything … they dont fix anything," Hodges said. The DOJ charges that when tenants complain they are met with indifference or silence, and sometimes, they are harassed and encouraged to leave.. The problem is almost certainly far bigger than we know. Since the start of the pandemic, many of these companies have also been the recipients of substantial federal aid. Berrada, known as the boulder guy because he notably places big boulders surrounding his properties, is being sued by the states Department of Justice for fraudulent representation, unfair billing fees and allegedly causing pest infestations by conducting renovation projects in a negligent manner, according to the law suit. The fact that the industry is so difficult to track is also a huge part of why there is so little accountability for corporations who are evicting people in the middle of a pandemic, despite the CDC moratorium. The Cleaning Specialists. I think the pandemic makes it clear we have to go at this differently, this crisis makes it so glaringly apparently that the current formula does not work. Your California Privacy Rights/Privacy Policy. Mequon home of Youssef Berrada, 27 de julho de 2022 When Does Dave Turin Lost Mine Start 2022, Loose Change Scratch-off Nj, What Are The Industrial Uses Of Gold, , Loose Change Scratch-off Nj, What Are The Industrial Uses Of Gold, The rest were forced to eject their habitat due to unresponsiveness. He said tenants currently owe him about $5 million cumulatively. Berrada is known as "the boulder guy," since his companies frequently put boulders on the lawns of their properties. Average of 9 Customer Reviews. Tenants have also reported that the company has caused pest infestation problems to spread in apartment buildings, by conducting renovation projects in a negligent manner.. The director address is 1339 Meadowlands Dr. E, Unit #1111, Nepean, ON K2E 7B4, Canada. And the governments gonna let him, the states gonna let him. Even if it is extended, housing experts say that it will only be kicking an eviction tsunami down the line- not to mention ignoring the fundamental problems with housing in America. . Tenants are expected to attend via video conference, often an impossibility for those without smartphones or laptops. I wont lie to you and say my fear aint there still. Ten tenantswere hit with eviction suits filed by Berradacompanies four times, 55were sued three times and more than 200 received two eviction actions. Berrada declined, repeatedly, to be interviewed for this story. The approximately 75 firms owned by or linked to Berrada most of them limited liability companies were behind more than one out of every 10 eviction cases filed last year in the county, a Milwaukee Journal Sentinel analysis found. Youssef's personal network of family, friends, associates & neighbors include Samir Berrada, Turki Berrada, Faiza Berrada, Saad Berrada and Omar Cariaga. Tenants with government-issued phones with limited minutes can blow their entire months allotment just waiting on hold for their case to be heard. After Berrada filed eviction notices on 330 tenants, the protest group waged a social media campaign against him, as well as phone blasts and pickets at his corporate office. The rent assistance funds flow from the federal government to the state to nonprofit organizations that distribute the money. "I'm staying here because I have no place else to go.". Since the Center for Disease Controls evictions moratorium took effect last September, evictions by corporate landlords have actually been steadily increasing. Youssef Berrada Associate; France +33156435523. Facebook | Twitter | Instagram, DOWNLOAD THE APP: Get the latest news, sports and more, 'He'll evict you in a minute': Landlord becomes a force in Milwaukee. Berrada will take your security deposit if you vacate his property without proper notice. Ventron Management, for example, received $3.5 million in government funds and has filed 1,017 evictions. The complaint details a record of the company failing to inform tenants of upcoming work, illegally entering their apartments without notice and conducting renovations in a manner that creates inhospitable living conditions. "He doesn't present himself as a bad actor," said Cole, the commissioner of the neighborhood services department. youssef joe'' berrada net worthhttps www law cornell edu uscode text 26 501 youssef joe'' berrada net worth. At first conditions were good, Toliver said. "Thats unfortunate, but completely understandable," Goldberger wrote. The civil enforcement action against Berrada includes a range of violations. We had some really thoughtful discussion that I think surprised everyone who expected the other side to be the devil, said Foley. Berrada's impact on the Milwaukee rental marketcontinues to grow as Berradacompaniespurchased more than 70 properties this year, according to the Milwaukee County Register of Deeds records. In Georgias DeKalb County, where Atlanta is located, corporate landlords were responsible for 82% of the 764 evictions during a single week last December; 68% of the 1,341 evictions in Arizonas Maricopa County, where Phoenix is located; and 68% of the 964 evictions in Texass Harris County, where Houston is located.