It means the house is owned by an anonymous investment group/corporation and not a person or a family. There is a lot of local pushback on this as “we” have been completely priced out of our own market.
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Ahh, yeah, I know what you mean. There are a lot of places right now that are getting bought up by companies at speculative prices, and they're driving the locals out of the market. It's a shame to see. I've even heard of whole communities that are bought up one house at a time by a company. The company then rents all the houses out at the prices they set... because they own all the houses. Grrr.