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 with Support from Highland Bank
In an exciting development within the Twin Cities, entrepreneur _Ayo Awoleye_ is set to unveil his most ambitious project to date: a new 28,000-square-foot _assisted living and memory care facility_ named Angels Living. Designed to cater to up to 50 residents, this state-of-the-art facility marks a significant addition to the region’s healthcare landscape.
Construction on Angels Living is currently underway and scheduled for completion in _September 2025_. The facility will consist of 34 units, with 20 of those dedicated to specialized memory care. In addition to individual living spaces, amenities will include a _fitness center_, a _salon_, and a _multi-purpose room_ intended for various community events, making this facility a hub for both care and socialization.
Background on Awoleye’s Journey
Ayo Awoleye’s journey from humble beginnings in Nigeria to becoming a notable entrepreneur in the U.S. illustrates his drive and commitment. Growing up, he witnessed his parents manage small shops, which planted the seeds of _entrepreneurial spirit_ early on. His experience includes starting a small farming business in Nigeria, which evolved to distribute eggs and chickens extensively in his local area.
After moving to the United States on a green card, Awoleye sought an advanced degree while juggling multiple jobs, including working at a mortgage office by day and serving as a certified nursing assistant by night. His persistence paid off as he began to invest wisely in inexpensive properties, transforming them into successful rental units. This strategic move significantly increased his presence in the real estate sector and set the foundation for future ventures.
Expansion of Maple Care Homes
Awoleye’s operational expertise took on a new dimension when he acquired Nagomi Inc. and rebranded it as Maple Care Homes. Under his guiding hand, the business underwent transformation aimed at enhancing operations and building a solid team. His efforts resulted in a doubling of both cash flow and staffing, solidifying Maple Care Homes as a reliable entity in providing _personalized assisted living care_ in a family-oriented environment.
Support from Highland Bank
The development of Angels Living owes much to Awoleye’s strategic partnership with Highland Bank, recognized as a Small Business Administration (SBA) Preferred Lender. Their collaboration has enabled Awoleye to secure a construction financing loan that will transition into permanent financing upon completion of the facility. Awoleye chose Highland Bank after careful consideration of other options, drawn to their personalized service and a strong focus on relationship-building.
Highland Bank’s Vice President, Barry Sorensen, has played a pivotal role as a mentor throughout this project, providing invaluable strategic guidance at every step of the process. This collaborative approach reinforces the notion that community support is essential for emerging entrepreneurs.
Future Aspirations
Looking ahead, Ayo Awoleye has ambitious plans to open five additional assisted living facilities within a 25-mile radius over the next three to five years. His vision extends beyond business growth, as he aims to inspire fellow entrepreneurs by sharing his journey and emphasizing the importance of self-belief and hard work in achieving success.
Maple Care Homes, under Awoleye’s leadership, has been operational since 2007 and has made significant contributions to the Twin Cities by providing compassionate and personalized care to its residents. The upcoming Angels Living facility promises to elevate these efforts, solidifying Awoleye’s impact on the community and the industry alike.
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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
