{"id":419899,"date":"2026-08-29T04:40:14","date_gmt":"2026-08-29T04:40:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/419899\/"},"modified":"2026-08-29T04:40:14","modified_gmt":"2026-08-29T04:40:14","slug":"prominent-general-contractors-san-antonio-office-raided-by-federal-authorities","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/419899\/","title":{"rendered":"Prominent general contractor\u2019s San Antonio office raided by federal authorities"},"content":{"rendered":"<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">SAN ANTONIO \u2013 Federal authorities raided a general contractor\u2019s Austin, San Antonio and Plano offices on Aug. 26.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">More than a half-dozen eyewitnesses told the Austin Business Journal they spotted around 15 federal and state officers enter Three Barton Skyway, which is located at 1221 South MoPac Expressway, in the morning. The officers were circling in on the office of Plano-based Cadence McShane Construction Co. LLC and left with several boxes and confiscated cell phones, sources said.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Srinath Kasturi, Cadence\u2019s executive vice president for the Austin office, on Aug. 27 confirmed activity at the Austin office, as well as at the San Antonio and Plano headquarters. Kasturi said the incident \u201cinvolved a government agency obtaining records related to a previous project,\u201d and added that Cadence fully cooperated and provided the requested information. He identified that agency as the U.S. Housing and Urban Development and said no arrests or detainments were made.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Cadence McShane is a prominent general contractor in the area and has worked on some of the region\u2019s most notable projects, including The \u201968 luxury <a href=\"https:\/\/www.bizjournals.com\/sanantonio\/news\/2026\/07\/16\/developer-durango-downtown-hemisfair.html\" target=\"_blank\" rel=\"nofollow noopener\">apartments at Hemisfair.<\/a><\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">It ranked No. 11 on <a href=\"https:\/\/www.bizjournals.com\/austin\/subscriber-only\/2026\/06\/12\/austin-areas-45-largest-general-contractors.html\" target=\"_blank\" rel=\"nofollow noopener\">ABJ\u2019s list of largest area general contractors<\/a>, based on $315.3 million in construction billings in 2025. It reported 79 local employees at the time.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Representatives from the Texas Department of Public Safety on Aug. 27 confirmed they were at the scene assisting HUD, and deferred questions to HUD. HUD officials did not immediately respond to a request for comment. Austin Police Department confirmed it was not involved.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Kasturi confirmed the project in reference is subject to a lawsuit stemming from a complaint from a former employee. He claimed the U.S. Department of Justice chose not to pursue the \u201csubstantive allegations.\u201d The U.S. Attorney\u2019s Office did not respond to an Aug. 26 request seeking comment or confirmation on any potential inquiry into the aforementioned allegations.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">\u201cWe feel very strongly the whole matter is without merit but we have to go through the process. Because the litigation is ongoing, we are unable to comment further at this time,\u201d Kasturi said. \u201cWe take pride in our long-standing relationship with the U.S. Department of Housing and Urban Development, built through years of close collaboration. We have a strong track record of successfully delivering HUD-financed affordable housing, including multifamily and senior living projects, and remain committed to that work.\u201d<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Read more of this story <a href=\"https:\/\/www.bizjournals.com\/sanantonio\/news\/2026\/08\/27\/cadence-mcshane-lawsuit-raid-federal-investigation.html?utm_source=st&amp;utm_medium=en&amp;utm_campaign=BN&amp;utm_content=AN&amp;ana=e_AN_BN&amp;j=47238399&amp;senddate=2026-08-27\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.bizjournals.com\/sanantonio\/news\/2026\/08\/27\/cadence-mcshane-lawsuit-raid-federal-investigation.html?utm_source=st&amp;utm_medium=en&amp;utm_campaign=BN&amp;utm_content=AN&amp;ana=e_AN_BN&amp;j=47238399&amp;senddate=2026-08-27\">at the San Antonio Business Journal website<\/a>.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">Editor\u2019s note: This story was published through a partnership between KSAT and the San Antonio Business Journal.<\/p>\n<p class=\"Box-_wrDxHtU__Box-sc-10sa3ie-0 Text-nO2aZ44r__TextBase-sc-s2hv5x-0 jJNfBD fSvavs article-text\">More recent SABJ coverage on KSAT: <\/p>\n<p>Copyright 2026 by KSAT &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"SAN ANTONIO \u2013 Federal authorities raided a general contractor\u2019s Austin, San Antonio and Plano offices on Aug. 26.&hellip;\n","protected":false},"author":2,"featured_media":419900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[8754,82,8755,84,83],"class_list":["post-419899","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-sabj","tag-san-antonio","tag-san-antonio-business-journal","tag-san-antonio-headlines","tag-san-antonio-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/419899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=419899"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/419899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/419900"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=419899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=419899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=419899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}