HOUSTON—Markets are shifting and Jim Adams, senior vice president at Berkadia, is helping his clients shift with them. From capital flows to property types, Adams has his finger on the pulse of Texas commercial real estate lending trends.

GlobeSt.com caught up with Adams to talk about the current lending environment in Texas and what property types and markets lenders and equity providers are favoring in part one of this exclusive interview. Be sure to come back to this afternoon's Houston edition for part two.

GlobeSt.com: Describe the current lending environment in the Texas market compared with 18 months ago in terms of competition and underwriting.

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