Houston's once-red-hot economy has cooled considerably since the days when oil was selling for more than $100 a barrel and that has forced commercial real estate lender Jody Proler to be far more selective when pursuing new business.

If any type of deal related to an office building crosses his desk, Proler, who works in the Houston office of Choudrant, La.-based Origin Bank, wants nothing to do with it. He's similarly skittish about any deals involving the construction, purchase or refinancing of a hotel property.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry