Insights > Deals
Dinerstein forms JV for San Diego student housing development site
15 July 2026 | JV | US| Capacity not disclosed | Development
CBRE facilitated the partnership at 6650 Montezuma Road, a campus-adjacent site in the San Diego State University submarket.
Key details
Asset type | Development |
Location | 6650 Montezuma Road, San Diego, California, US |
Capacity | Undisclosed |
Party 1 | The Dinerstein Companies |
Party 2 | Private landowner |
Value | Undisclosed |
Adviser | CBRE |
Source: CBRE
CBRE's Institutional Development Advisors team arranged the joint venture between the private landowner and The Dinerstein Companies. The site is positioned in the San Diego State University submarket, where purpose-built supply near campus has not kept pace with enrolment growth.
Dinerstein brings a national platform covering development, construction and management of student and multifamily housing. The partnership combines local site ownership with institutional development capability.
Strategic context
For Dinerstein, the partnership secures a campus-adjacent development position in an undersupplied San Diego State University market and extends its national student housing platform. The landowner retains participation while gaining Dinerstein's institutional development, construction and management capability.
Combining local ownership with Dinerstein's integrated platform aligns site control with development execution. The transaction also demonstrates continued capital appetite for scarce, walkable sites near major US campuses.
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