Friday, April 03, 2009

Mo's Empire in Milwaukee Crashes

The good news is that we hear local owner Jeremiah Hammond bought downtown stalwart Mo's, A Place for Steaks, outright from his partner, Johnny V, a few months ago. Mo's had been hanging on here in Indy, but Vassello's other restaurants and business ventures in Milwaukee (all with "Mo's" in the name) have been hit hard by the failure of real estate development deals. His Chicago bank is moving to foreclose on properties he owns in Milwaukee. The Milwaukee-Wisconsin Journal Sentinal reports Vassello is still a partner in the successful Mo's Irish Pub on Indy's northside.

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