"Landlord" on the lease: Owner or Property Manager?

[Michael Herr]

Is this situation standard? I assume the property manger did this to reduce liability.
Lease states parties as "INSERT OWNERS NAME" will be refereed to as Landlord.
I would have expected the Property manager's name to be written there. The lease has the Property manager's business name/logo on the letterhead. There was a page in the addendum spelling out that owner hired and was represented by the PM.