{"id":418781,"date":"2026-08-28T01:38:26","date_gmt":"2026-08-28T01:38:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/418781\/"},"modified":"2026-08-28T01:38:26","modified_gmt":"2026-08-28T01:38:26","slug":"feds-raid-general-contractor-for-hemisfairs-the-68-apartments-and-opportunity-home-projects","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/418781\/","title":{"rendered":"Feds raid general contractor for Hemisfair’s The ’68 Apartments and Opportunity Home projects"},"content":{"rendered":"

\"\"Plano-based Cadence McShane Construction Co. LLC has worked on San Antonio projects including the \u201968 Apartments at Hemisfair. Credit: Facebook \/ The ’68 Apartments at Hemisfair<\/p>\n

Federal authorities raided general contractor Cadence McShane Construction Co. LLC\u2019s San Antonio and Austin offices along with its Plano headquarters this Wednesday, the American City Business Journals newspaper chain reports<\/a>.<\/p>\n

Cadence McShane has worked on a variety of high-profile San Antonio-area construction projects including\u00a0The \u201968 Apartments at Hemisfair and the Villas at The Rim, according to ACBJ. The company has also worked on affordable housing projects such as the East Meadows Apartments. <\/p>\n

Company Vice President Srinath Kasturi told ACBJ that U.S. Housing and Urban Development officials entered its offices in San Antonio, Austin and Plano to obtaining records related to a lawsuit that stemmed from a former employee\u2019s complaint. Kasturi said the contractor cooperated in the raid, adding that authorities didn\u2019t arrest or detain anyone. <\/p>\n

Kasturi further told ACBJ that the U.S. Department of Justice chose not to pursue the \u201csubstantive allegations\u201d related to the employee complaint. <\/p>\n

\u201cWe feel very strongly the whole matter is without merit but we have to go through the process,\u201d he added. \u201cBecause the litigation is ongoing, we are unable to comment further at this time.\u201d<\/p>\n

ACBJ\u2019s San Antonio Business Journal reported earlier this week<\/a> that Cadence McShane is involved in a whistleblower suit against Opportunity Home, the city\u2019s public housing authority. <\/p>\n

As part of the lawsuit, two Cadence McShane workers allege the company overcharged the federal government for construction of an apartment complex in Converse, allegedly exceeding the legally allowable profits by pulling in $7 million in income on a $45 million job, the paper reports. <\/p>\n

Texas politics is a mess. We make it a readable mess.<\/p>\n

Sign up for San Antonio Current\u2019s new \u201cTexas Politics This Week\u201d newsletter.<\/p>\n

Sign Up for SA Current newsletters.<\/a><\/p>\n

Follow us:\u00a0Apple News<\/a>\u00a0|\u00a0Google News<\/a>\u00a0|\u00a0NewsBreak<\/a>\u00a0|\u00a0Reddit<\/a>\u00a0|\u00a0Instagram<\/a>\u00a0|\u00a0Facebook\u00a0<\/a>| Twitter<\/a>\u00a0| Or sign up for our\u00a0RSS Feed<\/a><\/p>\n

Related Stories<\/p>\n

\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\"San\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\tDevelopers Weston Urban plan to raze the apartment complex and replace it with the SA Missions\u2019 new baseball park.\t\t\t\t<\/p>\n

\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\"San\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\tThe grant comes as interim Opportunity Home CEO Michael Reyes continues his overhaul of the city\u2019s housing authority.\t\t\t\t<\/p>\n

\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\"San\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\tThe program comes weeks after the ouster of Opportunity Home\u2019s CEO.\t\t\t\t<\/p>\n

\n\t\t\t\t\t\t\tSanford Nowlin is editor-in-chief of the San Antonio Current. He holds degrees from Trinity University and the University of Texas at San Antonio, and his work has been featured in Salon, Alternet, Creative…\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tMore by Sanford Nowlin\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n