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The owners of a Pittsfield cannabis business bought the development rights to Woodmonte Estates at auction. The bank retained a second property, The Pines at Bousquet

Two foreclosure auctions took place at two Pittsfield residential development on Wednesday, but only one of those properties now has new a owner with access to the future development rights.

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After loan default, development rights up for auction at two high-end Pittsfield locations

Companies run by Lenox developer David Ward have defaulted on mortgages for two Pittsfield residential housing developments, Woodmonte Estates and The Pines at Bosquet Mountain. Development rights for each property

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