I've come to that there is no "Transform Button" in CTA3, but did find way to combine/merge props into 1 prop with animation/motion actions. These were steps and video demonstrates it... Perhaps button went away and now pipeline is method. Not sure I like this method as it required Adobe Photoshop (annual fee), and starts directing me toward Adobe product that competes with CTA3.
Merge/Combine Props to create animated props
1: Add props to Stage
2: Position and adjust props (x, y, z (on same plane), w, h)
3: Make sure all props fit inside Stage outline
4: Render to PSD
5: Open PSD as prop in CTA3
6: Add motion/s
7: Use Collect Clip to highlight motion and Create Actions for Action Menu
8: Add animated prop to content manager.