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.
Entrepreneur Ayo Awoleye Expands Assisted Living Facilities in Twin Cities
Ayo Awoleye is making significant strides in the assisted living sector with his new project, Angels Living, a 28,000-square-foot facility designed to cater to up to 50 residents. The ambitious construction project is scheduled for completion in September 2025, generating early interest from potential residents eager for quality care services.
From Nigeria to the U.S.: A Journey of Hard Work and Determination
Growing up in Nigeria, Ayo Awoleye was inspired by his parents, who managed small shops in their community. His early experiences stimulated his interest in entrepreneurship. A pivotal moment in his life occurred when he met a successful business owner who emphasized the importance of hard work and determination. Fueled by this encounter, Awoleye started his own small farming business, initially selling eggs and chickens to local customers. With dedication, he managed to expand his operation, eventually distributing eggs on a larger scale.
Awoleye’s journey took a transformative turn when he moved to the United States on a green card. His aspirations included earning an advanced degree and exploring entrepreneurial opportunities. In the U.S., he juggled multiple jobs, working in a mortgage office during the day and as a certified nursing assistant at night. Additionally, he gained experience in construction operations, which would later prove beneficial for his own business endeavors.
Building a Real Estate Empire
Through hard work and strategic saving, Awoleye began investing in affordable properties, converting them into rental units. This proactive approach laid the foundation for his growing real estate portfolio. His journey took a significant leap when he acquired Nagomi Inc., which he subsequently rebranded to Maple Care Homes. With a focus on operational improvements and team building, Awoleye was able to double the business’s cash flow and staff, thereby enhancing the quality of care offered to residents.
The Launch of Angels Living
In August 2024, Awoleye initiated his largest project to date, Angels Living. This new assisted living facility will offer 34 units, including 20 specialized for memory care. Designed with residents in mind, the facility will feature a fitness center, salon, and versatile multi-purpose room for social events. This project is a testament to Awoleye’s commitment to providing world-class care and improved living conditions for seniors in the Twin Cities area.
Financing and Partnerships
A critical aspect of the Angels Living project is Awoleye’s collaboration with Highland Bank, a Small Business Administration (SBA) Preferred Lender. Their support includes a construction financing loan, which transitions into permanent financing once the facility opens its doors. Awoleye carefully evaluated several banking options before selecting Highland Bank, as he found their personalized approach and emphasis on relationship-building to be essential for his growth.
Highland Bank’s Vice President, who has become a mentor to Awoleye, has provided strategic guidance throughout the development of Angels Living. This mentorship has played a vital role in helping Awoleye navigate the complexities of launching a large-scale facility.
Future Expansion Plans
Ayo Awoleye is not stopping at Angels Living. He has ambitious plans to open five additional assisted living facilities within a 25-mile radius over the next three to five years. His vision goes beyond just business growth; he aims to inspire future entrepreneurs by showcasing the potential for success through self-belief and determination.
Establishing a Legacy in Assisted Living
Maple Care Homes has been a staple in the Twin Cities since 2007, providing tailored assisted living care within a family-oriented environment. Under Awoleye’s leadership, the facility has continued to grow while maintaining its core mission of enhancing the lives of residents. With the added expansion into Angels Living, Awoleye is set to leave a lasting impact on the community and redefine what it means to provide compassionate care for seniors.
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Additional Resources
- Bring Me The News: Iconic Retailer Sex World Set to Close
- Wikipedia: Entrepreneurship
- CBS News: Minneapolis Business Raid on East Lake Street
- Google Search: Business Growth Minneapolis
- KSTP: Minneapolis Business Leaders Start Petition
- Google Scholar: Assisted Living Facilities Minnesota
- Fox News: Minneapolis Business Owner on City Violence
- Encyclopedia Britannica: Assisted Living
- Star Tribune: Minneapolis Downtown Council and Entrepreneurs
- Google News: Entrepreneurship in Minnesota
