Peter Quinones, founder of Investor Trustee Services, has joined the National Association for Housing Revitalization (NAHR) as a founding Charter Member, the company announced on September 30, 2026. The national trade association works to return aged, distressed, and vacant homes to the market as attainable housing. As a Charter Member, Quinones will engage with the association and contribute an operator's perspective from the Florida market, though official NAHR positions are determined by the association.
Investor Trustee Services buys distressed single-family homes across Florida and places them with a network of local rehabbers who restore them and return them to the market. As an approved bidder in HUD's single-family loan sales, the company plans to begin acquiring pools of HUD-held mortgages on vacant and distressed properties, starting with HUD's HVLS 2027-1 sale.
Quinones emphasized the local nature of the strategy. "These houses already exist, they already have utilities at the street, and they already sit in neighborhoods people want to live in," he said. "They are empty because of condition and title, not because nobody wants them. When a national fund owns the asset, the return leaves town. When a local operator does the work, it stays."
The announcement comes as the 21st Century ROAD to Housing Act, which takes effect January 7, 2027, bars large institutional investors—defined as entities controlling 350 or more single-family homes—from purchasing single-family homes, subject to stated exceptions. The law is expected to significantly reduce competition from Wall Street-backed buyers in the single-family market.
Quinones sees the shift as an opening for local operators. "When the largest buyers step back, somebody still has to take on the houses that need work," he said. "Local operators are the ones who can fix them and hand them to a family in livable condition."
For Florida's housing market, the combination of new restrictions on institutional investors and the entry of local operators like Investor Trustee Services could accelerate the rehabilitation of vacant and distressed properties. With fewer large funds bidding, local rehabbers may face less competition for properties, potentially increasing the supply of affordable, move-in-ready homes. However, the success of this model depends on the ability of local operators to secure financing and navigate title issues that have historically kept such homes off the market.
Real estate investors, rehabbers, and industry professionals interested in joining NAHR during the Charter Membership period can contact Quinones for a promotional membership code. Florida members who join through Quinones will also be invited to a private network of Florida operators for networking and business opportunities. Quinones has worked in distressed real estate since 2005, and his company, Investor Trustee Services, specializes in distressed single-family homes.
