Wells Fargo Backs Former NFL Kicker’s Single-Family Rental Firm

Homes stand in Oakland, California.

Photographer: Michael Short/Bloomberg

Former NFL place kicker Doug Brien’s Mynd Property Management raised roughly $42 million in a funding round led by Wells Fargo & Co. and other investors betting the pandemic won’t slow increasing demand for single-family rentals.

Mynd, which manages rental homes and small apartment buildings for mom-and-pop investors, will use the money to continue building systems that let small landlords operate more efficiently, Brien said in an interview.