Now, he and three others have formed their own company, Oxford Development Holdings, to build and acquire senior care centers.
“I’ve had more fun in the last six months than — to be frank with you — than I had in the previous 10 years,” says Ayars, who is president.
Chris Dennis, who most recently was CFO at Occidental Management, is Oxford’s CFO.
Jason Wiley, who is COO, and Eric Legleiter, who is executive vice president, have a combined 40 years in the senior housing industry with various companies in Wichita.
Ayars says through the years, he’s done a lot of work with senior housing from the construction side.
“I was always impressed with the opportunity that was available,” he says.
He says the baby boomer generation has started hitting retirement age and will peak in size in about 2030.
“There’s a huge growing need for this industry,” Ayars says.