NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management’s (Deutsche AWM) Alternatives and Real Assets (ARA) business today announced that it has acquired 55 West 125th Street and 215 West 125th Street in New York City on behalf of an institutional investor, in a joint venture with Cogswell Realty, LLC, who has held a long-term interest in the properties since 1998. The transaction involved City Investment Fund selling its interest in the properties. The buildings are considered two of