Keyrenter Property Management, a leading residential real estate franchisor, has announced a significant expansion milestone, surpassing 100 locations with the awarding of 14 new territories since the beginning of 2026. The new locations span across Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico, further solidifying the brand's coast-to-coast presence.
This rapid growth comes as the company continues to capitalize on favorable market conditions in the residential property management sector. With an estimated 25 million single-family rental (SFR) units in the United States, and only 4% institutionally owned, the demand for professional property management services remains high. Factors such as a high renters-to-buyers ratio, stubbornly high mortgage interest rates, and a tightening lending environment are driving more homeowners and investors to seek third-party management, making Keyrenter's franchise opportunity increasingly attractive.
In response to this expansion, Keyrenter has appointed Eric Steward, CFE, as its new Vice-President of Onboarding. Steward brings over a dozen years of franchise recruiting experience, having previously served as senior director of franchise recruiting at Pillar to Post, where he rose through the ranks from marketing coordinator to director. His expertise in the residential real estate space is expected to streamline the onboarding process for new franchisees, ensuring they are well-prepared to launch their businesses.
Nate Tew, co-founder and CEO of Keyrenter Property Management, expressed enthusiasm about the new territories and the addition of Steward. "On behalf of the brand and all of our valued stakeholders, we're pleased to announce the awarding of these 14 new territories," Tew stated. "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 Tew's sentiments, saying, "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 and franchising since 2014, Keyrenter has grown to 94 franchisee partners operating 101 locations. The company offers a proven business model based on recurring monthly revenue and provides services such as rent collection, repair coordination, routine maintenance, and tenant placement. For more information about franchise opportunities, visit Keyrenter Franchising.
