Keyrenter Property Management, a leading residential real estate franchisor, is experiencing a significant growth spurt this summer, having awarded 14 new territories since the start of 2026 and surpassing the milestone of 100 franchise locations nationwide. The company, which began franchising in 2014, now boasts 94 franchisee partners operating 101 locations across the U.S. The recent wave of signings includes new locations in Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico, indicating a coast-to-coast expansion.
This rapid growth has prompted the appointment of Eric Steward, a veteran in the franchise industry, as the new Vice-President of Onboarding. Steward brings over a dozen years of experience from Pillar to Post, where he climbed the ranks from marketing coordinator to senior director of franchise recruiting. His expertise in the residential real estate space is expected to be invaluable as Keyrenter continues to expand its 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 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.”
The expansion is driven by favorable market conditions in 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 ample opportunity for independent property management companies. Factors such as high mortgage interest rates, a tight lending environment, and a growing renter population are fueling demand for rental properties, making property management a resilient and profitable business model. Keyrenter's franchisees offer services like rent collection, maintenance, and tenant placement, capitalizing on these trends.
Founded in 2007 and franchising since 2014, Keyrenter Property Management has established itself as a recession-resistant franchise opportunity. With a proven business model based on recurring monthly revenue and generous territorial boundaries, it appeals to entrepreneurs looking to enter the property management sector. For more information about becoming a franchisee, visit franchising.keyrenter.com.
