OMAHA, Neb. — Transforming Age has announced plans to open a second headquarters in Omaha, along with the addition of 10 third-party managed communities largely in the Midwest.
Following the new operational acquisitions, Seattle-Based Transforming Age’s portfolio will total nearly 70 communities.
The newly added third-party managed communities, including one under construction, are located in Illinois, Colorado, Nebraska, Kansas, Iowa and South Dakota. This mix of entrance-fee and market-rate rental communities represents over 1,000 units.
New additions to the Transforming Age team will include Frankie Pane, Julie Bennett, Camille Burke and Scott Braasch, all currently employed by Essex Corp. This group will be based out of the new Omaha headquarters.
In addition to leading the HQ2 team, Frankie Pane will join GSI, the partnership and business-to-business affiliate of Transforming Age. He will serve as co-president of GSI alongside David Knight to further accelerate Transforming Age’s in-house and third-party real estate development projects, which currently include 11 projects with 2 million square feet under development.
Nonprofit Transforming Age’s affiliates and partners now spans 22 states.