Keyrenter Property Management, a residential real estate franchisor, has achieved 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 more candidates preparing for Discovery Day sessions next week. New locations span Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico.
To support this growth, Keyrenter has appointed Eric Steward, CFE, as Vice-President of Onboarding. Steward brings over a dozen years of franchise recruiting experience, notably 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.
Nate Tew, co-founder and CEO of Keyrenter, expressed enthusiasm about the expansion and Steward's appointment. “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,” Tew said. Steward echoed the sentiment, calling the opportunity a “dream come true” and noting his direct category experience in residential real estate.
Founded in 2007 in Midvale, Utah, Keyrenter began franchising in 2014. The network now includes 94 franchisee partners operating 101 locations. Franchisees provide property management services such as rent collection, maintenance, and tenant placement. The expansion is bolstered by favorable market conditions, including an estimated 25 million single-family rental units, of which only 4% are institutionally owned. High mortgage rates and a tight lending environment are driving more renters, increasing demand for property management services.
Keyrenter's growth reflects broader industry trends. The company's franchise opportunity is highlighted on its website, franchising.keyrenter.com, where interested candidates can learn more about the business model and territorial opportunities.
