SEATTLE and BELLEVUE, Wash. — Washington-based nonprofits seniors housing operators Transforming Age and SHAG (Sustainable Housing for Ageless Generations) have announced the companies have officially affiliated.
Transforming Age and SHAG will continue to operate as their own, independent 501(c)(3) nonprofit organizations. The affiliation will be guided by a common board of directors.
“As the number of older adults soars, bold moves are needed to ensure seniors have quality homes, access to services and opportunities to thrive no matter their level of income,” says Torsten Hirche, Transforming Age president and CEO. “This affiliation is a seismic shift that brings together two industry pioneers. Combining our networks will allow us to provide housing and integrated services to more seniors. It’s a game changer for the midmarket sector.”
According to Hirche, Transforming Age and SHAG share many similar goals, which makes the affiliation an effective partnership for both. “As we started to explore the idea of affiliating, it became clear that our vision and values are very much the same,” he explains. “This is way for us to share experience, expertise and services and strengthen both organizations by working more closely together.”
Based in Bellevue, Transforming Age currently serves 14,000 people through affordable housing, workforce housing, independent living, assisted living, memory care and continuing care retirement communities. Based in Seattle, SHAG serves more than 6,000 residents in 26 communities.