Keyrenter Property Management, a residential real estate franchisor, has announced a significant expansion milestone with the awarding of 14 new territories since the beginning of 2026. This surge brings the company past the 100-location mark, a notable achievement for a franchise that began in 2014. The new locations span nine states: Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico. Additionally, five candidates are preparing for Discovery Day sessions as early as next week, indicating continued momentum.
To support this growth, Keyrenter has appointed Eric Steward, a Certified Franchise Executive (CFE), as Vice-President of Onboarding. Steward brings over a decade of franchise recruiting experience from Pillar to Post, where he rose from marketing coordinator to senior director of franchise recruiting. In his new role, he will oversee the onboarding process for new franchisees, from signed agreements to full integration into the network.
"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 position, 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."
The expansion comes at a time when the residential property management industry is thriving. According to Keyrenter, there are approximately 25 million single-family rental (SFR) units in the U.S., with only 4% institutionally owned. High mortgage interest rates and a tight lending environment are driving more people to rent, creating robust demand for property management services. This favorable market conditions are attracting qualified candidates to franchise opportunities like Keyrenter.
Founded in 2007 in Midvale, Utah, Keyrenter began franchising in 2014 and now boasts a network of 94 franchisee partners across 101 territories. The company offers a range of services including rent collection, maintenance, and tenant placement. As the brand continues to grow, its focus on onboarding and support will be crucial to maintaining quality and consistency across its expanding footprint.
For more information about becoming a Keyrenter Property Management franchisee, visit their franchise website.
