Entrepreneur Expands Assisted Living Facilities in Twin Cities

News Summary

Ayo Awoleye, a dedicated entrepreneur, is expanding assisted living facilities in the Twin Cities with his latest project, Angels Living. This state-of-the-art facility aims to enhance the lives of seniors and specifically address memory care needs. Awoleye’s journey from Nigeria to the U.S. fuels his vision, supported by a partnership with Highland Bank. With strong demand already emerging, he plans additional facilities within the next few years, emphasizing uplifting aspiring entrepreneurs through personalized care and community connections.

Expansion of Assisted Living Facilities Underway in Twin Cities

Entrepreneur _Ayo Awoleye_ is making significant strides in the assisted living sector with his latest project, a 28,000-square-foot facility named _Angels Living_. This state-of-the-art complex will cater to up to 50 residents and is scheduled for completion by September 2025. Located in the Twin Cities, the facility will house 34 units, with 20 specifically reserved for _memory care_, as well as various amenities such as a fitness center, salon, and a multipurpose room for events. With early requests for spots already coming in, it is clear there is a strong demand for quality assisted living options.

Awoleye’s Journey from Nigeria to the U.S.

Awoleye’s entrepreneurial journey began in Nigeria, where he grew up witnessing his parents manage small shops. This early exposure instilled in him a passion for business. His dedication to hard work and a chance encounter with a successful business owner motivated him to focus on entrepreneurship as a long-term career path. He initially started a small farming business, selling _eggs and chickens_ to his local community. His enterprise flourished, eventually enabling him to distribute eggs by the truckload.

With aspirations to further his education and entrepreneurship in the U.S., Awoleye moved to the country as a green card holder. Upon arrival, he took on multiple jobs, working in a mortgage office during the day and as a certified nursing assistant at night, all while also having a role in construction operations. This hard work allowed him to save money, which he began using to invest in low-cost properties, converting them into rental units and effectively scaling his real estate efforts.

Transformation of Maple Care Homes

Awoleye’s real estate ambitions led him to acquire Nagomi Inc., which he then rebranded as _Maple Care Homes_. Under his leadership, the facility underwent significant operational improvements and team building, resulting in a doubling of cash flow and staff. Maple Care Homes has been operational since 2007, focusing on personalized assisted living care in a welcoming, family-oriented environment—an essential aspect of their mission to support the local community in the Twin Cities.

Financial Partnership and Future Plans

To bring Angels Living to fruition, Awoleye partnered with Highland Bank, a Small Business Administration (SBA) Preferred Lender. The bank provided crucial construction financing that will seamlessly transition into permanent financing upon the project’s completion. Awoleye chose Highland Bank after assessing offers from three other banks, valuing their emphasis on personal relationships and the guidance they provided.

Highland Bank’s Vice President, Barry Sorensen, has also taken on a mentorship role, offering strategic advice throughout the project. This partnership is vital for Awoleye as he aims to create a legacy and inspire other aspiring entrepreneurs in the community. In fact, Awoleye’s long-term goal includes plans to open five additional assisted living facilities within a 25-mile radius over the next three to five years.

An Inspirational Message for Future Entrepreneurs

Awoleye’s journey showcases the power of perseverance, self-belief, and the will to succeed. He hopes to motivate those with entrepreneurial aspirations by conveying that success is achievable through commitment and determination. As he continues to embark on new projects, Awoleye remains dedicated to providing essential services and care within the community, creating welcoming and supportive environments for those in need.

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Additional Resources

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• Google Scholar: Assisted Living Facilities Minnesota
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• Encyclopedia Britannica: Assisted Living
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