Keyrenter Property Management, a residential real estate franchisor, has announced a significant milestone: the establishment of its 100th location since franchising began in 2014. The company has awarded 14 new territories since the start of 2026, with five more candidates preparing for Discovery Day sessions as early as next week. The new locations span nine states, including Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico.
To support this rapid growth, Keyrenter has appointed franchise industry veteran Eric Steward, CFE, as its new Vice-President of Onboarding. Steward brings over a dozen years of experience from Pillar to Post, where he rose from marketing coordinator to senior director of franchise recruiting. In his new role, he will oversee all activities from signed franchise agreements through the rest of the onboarding process for new franchisee partners.
“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: “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 securing tenants for vacant homes. The expansion comes amid favorable market conditions in the residential real estate industry. There are approximately 25 million single-family rental (SFR) units, with only 4% institutionally owned and operated. High mortgage interest rates, a tightening lending environment, and an increasing renters-to-buyers ratio are driving interest in property management franchises like Keyrenter.
“We’re also pleased 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,” Tew added.
Keyrenter’s business model is based on recurring monthly revenue and generous territorial boundaries, making it an attractive option for candidates looking to enter the property management industry. For more information about becoming a Keyrenter Property Management franchisee, visit https://franchising.keyrenter.com.
