Green Street Advisors
Spenser is an analyst on Green Street’s research team and sector head of Net Lease, Gaming, and Self-Storage. This includes formal coverage of 13 companies, as well as shadow coverage of several key gaming operators. She previously covered the Regional Mall REITs for six years, generating thought leadership reports on department store obsolescence, the evolution of retail, cap-ex, and other topics. In 2016, she led the effort to establish Green Street grades and value estimates for the outlet sector. In 2019, Spenser initiated coverage on W.P. Carey – a $15 billion Net Lease REIT – and in early ’20, she launched coverage of the Gaming Sector, which is comprised of three REITs with a combined market cap of $30 billion. She has been quoted in the Wall Street Journal, CNBC, Los Angeles Business Journal, and New York Times. Spenser has spent her entire career working in the REIT space. Prior to joining Green Street, she worked with Citibank’s REIT research team, where she focused on the Net Lease and Storage REIT sectors. Spenser earned a B.S. in Finance, graduating Magna Cum Laude from Fairfield University in Connecticut.