The Spectra Life

At Spectra, protecting our people and properties is a top priority, and Hylant plays a key role in making that happen. Through their comprehensive risk management and insurance solutions, they help ensure we have the coverage and support needed to keep our team and communities protected. We appreciate?Hylant?’s partnership in helping us stay prepared and protected!

Did you know? The U.S. is facing a Missing Middle Housing crisis—there aren’t enough small-scale, affordable multifamily housing options like duplexes, townhomes, or courtyard apartments. This housing type bridges the gap between high-rise apartments and single-family homes, offering attainable housing in walkable communities. At Spectra, we’re passionate about Essential Living solutions that provide quality housing for everyone. Would you like to see more Missing Middle housing in your community??

Meet?Paul Bayt, Spectra’s?Director of Business Development! With a strategic mindset and a passion for growth, Paul plays a key role in identifying new opportunities,?fostering partnerships, and driving Spectra’s expansion. His dedication and expertise help shape the future of our communities and company. We’re grateful for Paul’s leadership and the impact he makes every day. Join us in celebrating his contributions!

Octiv Row, which opened in 2020, offers spacious 2- and 4-bedroom garden-style apartments with a vibrant community atmosphere. In January 2024, we expanded our presence by acquiring The Towns at Octiv Row, formerly The Village at West Georgia. This townhome community features 2- and 4-bedroom layouts with shared access to Octiv Row’s clubhouse and amenities. More exciting updates are on the way—stay tuned!

“Opportunities don’t happen. You create them.”?– Chris Grosser At?Spectra, we believe in taking action, seizing opportunities, and pushing boundaries to create meaningful impact. Our core values—pride in ownership, commitment to excellence, and working with urgency—drive us to?innovate, grow, and build thriving communities. Success isn’t just about waiting for the right moment—it’s about creating it. What opportunities are you creating today?

According to?NAHB, the multifamily housing market is expected to stabilize by late 2025. While construction activity may slow in the first half of the year due to economic factors and supply challenges, experts predict a return to long-term growth?trends as the market adjusts. As developers navigate these shifts, staying ahead of industry trends is key. What are your thoughts on the multifamily outlook? Let’s discuss!

Iron Trail is part of the wave of new housing developments shaping Cumberland, and it’s making headlines! A recent article from the Indiana Economic Digest and Greenfield Daily Reporter highlights Iron Trail and other upcoming residential projects that are bringing new energy to Hancock County. As part of The Hub at Pennsy Trail, Iron Trail will offer modern apartment living with retail, green space, and direct access to the Pennsy Trail—creating a vibrant, connected community in the heart of Cumberland. Read more about the exciting housing growth happening in the area!

Exciting progress is happening at?Iron Trail, our first?Essential Living?community, coming soon to Cumberland, Indiana! Big thanks to?Inherent Commercial for their hard work in bringing this vision to life. Stay tuned for more updates as we get closer to completion!

Exciting progress is happening at?Iron Trail, our first?Essential Living?community, coming soon to Cumberland, Indiana! Big thanks to?Inherent Commercial for their hard work in bringing this vision to life. Stay tuned for more updates as we get closer to completion!

The student housing sector is experiencing significant growth, with many markets seeing substantial rent increases. This trend underscores the ongoing need for quality student accommodations. Learn more about the current landscape below.