CBRE secures $31M financing for Montgomery multifamily. New multifamily development The Somerset at Montgomery on Route 206 has secured $31 million in permanent financing. CBRE arranged the loan for The Somerset at Montgomery. Located at 1377 Route 206 in Montgomery Township, the community comprises 115 units. According to CBRE's March 30 announcement, New York Life provided the funds to the developer, Country Classics. The CBRE Debt & Structured Finance team of Senior Vice President Matthew Pizzolato, Senior Associate Josh Stein, Vice Chairman Jason Gaccione and Shawn Rosenthal, and Vice President Jake Salkovitz facilitated the loan on behalf of the borrower. Delivered in 2024, The Somerset at Montgomery got started in 2022. The project includes 92 market-rate and 23 affordable apartments with 220 surface parking spots. Beyond modern floorplans, residences include in-unit washers and dryers along with high-end finishes. The property also includes EV chargers, private balconies, a fitness center and dedicated storage. "The Somerset at Montgomery represents a premier residential community," Pizzolato said, saying it offers "strong connectivity to major transportation corridors, close proximity to downtown Princeton, and access to one of the region's most dynamic employment hubs." The property is less than a mile from the forthcoming Montgomery Promenade. The highly anticipated retail center will add 293,000 square feet of space anchored by a Whole Foods Market. With Phase 1 fully leased, the project is scheduled to open by autumn, The Montgomery News reported in February. Planning started about 15 years earlier, the outlet noted. Hillsborough-based Country Classics' portfolio also includes Harrison Square in Frenchtown, Fairway 28 in Bridgewater and 745 Hamilton in Somerset.

Sub-second search and smarter scale: why modern SIEM is being rebuilt from scratch. Security information and event management has become essential for enterprises trying to avoid a costly data swamp while preserving visibility across massive environments. Clearly, modernizing SIEM is now less a technical upgrade than a business imperative. The pressure clearly is on to turn sprawling telemetry into actionable intelligence, without breaking the budget. The key to this evolution is building a robust foundation before addressing the analytics layer, according to Sal Picheria (pictured, right), corporate vice president of security engineering at New York Life Insurance Co. By focusing on a high-performance data engine first, teams can ensure their security tooling remains in line with natural data growth. "When we thought about our data journey at New York Life, we actually thought, 'How can we find the most capable data platform to house our security data' before we started thinking about the SIEM problem," Picheria said. "We eventually landed on Elastic, mainly because it just wound up being a rock-solid, generic data engine for use in security. As we went down that road further, we wound up uncovering that Elastic actually has a great SIEM functionality as well. It made a lot of sense to approach it in that way. I like to describe this concept internally as we build the pyramid from the bottom up." Picheria and Mike Nichols (left), general manager of security at Elastic, spoke with Dave Vellante at the RSAC 2026 Conference, during an exclusive broadcast on theCUBE, SiliconANGLE Media's livestreaming studio. They discussed modernizing SIEM, the concept of the cyber data lake and how hybrid search is replacing the "love-hate" relationship practitioners often have with legacy platforms. (* Disclosure below.) Scaling visibility by modernizing SIEM. By working with Elastic, New York Life is aiming to scale visibility across growing volumes of security data without letting costs spiral out of control. That matters because, in an agentic AI era, visibility is becoming the foundation of effective defense. By modernizing SIEM architectures to support sub-second query times, organizations are in a better position to retain, search and act on more of their security data - an advantage that becomes critical as threats accelerate, Nichols noted. "Security doesn't work without visibility," Nichols said. "If we are predatory in how we make you choose what data to keep and what data to drop... when that data increases, if you can't afford what you have today and you can't search what you have today, there's no way you can focus on tomorrow." By combining classic search with vectorized search, enterprises can tailor their response to specific risks instead of forcing every problem through the same lens. Just as important, that kind of flexibility can give organizations confidence that they are working with a partner capable of adapting alongside a fast-changing threat landscape, Nichols explained. "The adversarial usage of AI has caused rampant challenges. The zero days. Microsoft Patch Tuesday - every single Patch Tuesday is record-breaking. We see the cost of exploits going down," Nichols said. "That has really been the compelling event to [ask], 'Am I partnering with somebody who's going to lead forward to the future?'" Here's the complete video interview, part of SiliconANGLE's and theCUBE's coverage of the RSAC 2026 Conference: (* Disclosure: Elastic sponsored this segment of theCUBE. Neither Elastic nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.) Photo: SiliconANGLE. A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network. About SiliconANGLE Media SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.