Keyrenter Property Management, a leading residential real estate franchisor, has announced a significant expansion milestone this summer, surpassing 100 locations since beginning franchising in 2014. The company has awarded 14 new territories since the start of 2026, with five additional candidates preparing for Discovery Day sessions as early as next week. The new locations span nine states: Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico.
This rapid growth has prompted the appointment of franchise industry veteran Eric Steward as Vice-President of Onboarding. Steward brings over a dozen years of experience in the residential real estate space, having held various roles at Pillar to Post, including senior director of franchise recruiting. His new role will oversee the onboarding process for new franchisees, ensuring a smooth transition from signed agreements to operational readiness.
“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 here at Keyrenter Property Management, 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, stating, “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.”
Founded in 2007 in Midvale, Utah, Keyrenter began franchising in 2014 and has grown to 94 franchisee partners representing 101 locations. Franchisees provide a range of residential property management services, including rent collection, repair, routine maintenance, and tenant placement. The expansion comes amid favorable market conditions, with an estimated 25 million single-family rental units in the U.S., only 4% of which are institutionally owned. High mortgage rates and a tightening lending environment have increased the renter-to-buyer ratio, driving demand for professional property management services.
For more information about becoming a Keyrenter Property Management franchisee, visit [franchising.keyrenter.com](https://franchising.keyrenter.com) (rel="nofollow" target="_blank").
