Keyrenter Property Management, a leading residential real estate franchisor, is riding a hot streak this summer, surpassing a significant milestone by establishing its 100th location since beginning franchising in 2014. Since the start of 2026, the company has awarded 14 new territories, with five candidates currently preparing for Discovery Day sessions as early as next week. The new locations span Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico.
This rapid expansion has prompted the appointment of franchise industry veteran Eric Steward as Vice-President of Onboarding. Steward, a Certified Franchise Executive (CFE), brings over a dozen years of experience in residential real estate franchising, having previously worked at Pillar to Post in various recruiting roles, ultimately serving as senior director of franchise recruiting.
“On behalf of the brand and all of our valued stakeholders, we’re pleased to announce the awarding of these 14 new territories,” said Nate Tew, co-founder and CEO of Keyrenter Property Management. “Not only does this greatly expand our brand’s footprint, but we’ve also surpassed a significant milestone of establishing more than 100 franchise locations coast-to-coast. We’re also honored to have Eric Steward join us, who will be overseeing all activities from signed franchise agreements through the rest of the onboarding process for our growing network of franchisee partners.”
Steward expressed enthusiasm about his new role: “Joining the team of an industry leading brand like Keyrenter is a dream come true opportunity. The fact that they also operate in the residential real estate space where I have direct category experience is a plus, and I hope to make several meaningful contributions in my new role as the head of onboarding activities. With the recent awarding of over a dozen new locations, I have my work cut out for me, but I can’t wait to roll up my sleeves and get started.”
The company’s growth is buoyed by favorable market conditions. With approximately 25 million single-family rental (SFR) units in the U.S., and only 4% institutionally owned, the residential property management industry remains attractive. High mortgage rates, a tightening lending environment, and a high ratio of renters-to-buyers continue to drive demand for rental properties, making property management a promising business opportunity.
Founded in 2007 in Midvale, Utah, Keyrenter began franchising in 2014 and has grown to a network of 94 franchisee partners representing 101 locations. As franchisees, owners provide routine residential property management services such as rent collection, repair, maintenance, and tenant placement. For more information about becoming a franchisee, visit https://franchising.keyrenter.com.
