Keyrenter Property Management Hits 100 Locations, Adds 14 New Territories Amid Summer Expansion

Keyrenter Property Management, a leading residential real estate franchisor, is experiencing a notable surge in growth this summer, having recently surpassed a significant milestone by establishing its 100th location 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 newly claimed territories span across Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico, reflecting a coast-to-coast expansion.

This rapid expansion has prompted the appointment of franchise industry veteran Eric Steward, CFE, as the new Vice-President of Onboarding. Steward brings over a dozen years of experience in franchise recruiting, having previously served as Senior Director of Franchise Recruiting at Pillar to Post, a residential real estate franchise. His promotion through the ranks there—from marketing coordinator to manager, director, and ultimately senior director—prepares him for this new role, where he will oversee all activities from signed franchise agreements through the onboarding process for new franchisee partners.

Nate Tew, co-founder and CEO of Keyrenter Property Management, expressed enthusiasm about the milestone and the new hire: "On behalf of the brand and all of our valued stakeholders, we’re pleased to announce the awarding of these 14 new territories. 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 echoed this sentiment, 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 amidst highly favorable marketplace conditions for the residential real estate industry. With an estimated 25 million single-family rental (SFR) units in the U.S., and only 4% institutionally owned, there is significant opportunity for property management services. External factors such as high mortgage interest rates, a tightening lending environment, and an increasing ratio of renters-to-buyers continue to drive interest in residential property management from qualified candidates.

Founded in 2007 in Midvale, Utah, Keyrenter Property Management began franchising in 2014 and has grown to a network of 94 franchisee partners representing 101 locations. As franchisees, owners provide a wide range of routine residential property management services, including rent collection, repair, routine maintenance, and securing tenants for vacant homes. This proven business model, which emphasizes recurring monthly revenue and generous territorial boundaries, makes Keyrenter an attractive option for entrepreneurs looking to enter the property management sector. For more information about becoming a Keyrenter Property Management franchisee, visit https://franchising.keyrenter.com.