What the public record shows when you look.

2025 buying came within four percent of the all-time peak — but Mandy's share collapsed from 35% to 10%, and 60% of the wave traces to LLCs formed since 2024. Plus: an SFR fund's 36-house exit, and the busiest flipping market on record.

How Mandy Management became New Haven's largest residential landlord through a network of 113 shell LLCs — and what 236 acquisitions in a single year says about single-family rental consolidation.

A small but persistent slice of New Haven's corporate housing is held by Limited Liability Partnerships filed in other states — entities the CT Secretary of State's own business-entity search overlooks. What the gap looks like, and what could close it.

From 2019 through 2022, corporate landlords closed on 2,236 New Haven properties — more than the prior five years combined. A look at the groups that built or doubled their entire portfolios in that window, and why 2025 looks like a sequel.