Aldersgate retirement community eyes new partners
Aldersgate is under state financial oversight and considering affiliation to recover from struggles.
The following article appeared in the December 6, 2024, edition of The Charlotte Ledger, an e-newsletter with smart and original local news for Charlotte. We offer free and paid subscription plans. More info here.
Aldersgate’s interim CEO says the retirement community is considering two suitors for potential ‘affiliation’; announcement expected in spring or summer
Aldersgate is looking into linking up with another company amid state oversight of its finances. (Photo by Kevin Young/The 5 and 2 Project)
The Aldersgate retirement community, which is working to recover from financial struggles that put it under the supervision of state regulators, has narrowed down a list of more than 15 parties interested in “affiliating” to two, interim CEO David Middleton told The Ledger on Thursday.
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