Peter Quinones, founder of Investor Trustee Services, has joined the National Association for Housing Revitalization (NAHR) as a Charter Member, placing him among the founding class of an emerging national trade association.
NAHR describes itself as the unified voice of the housing revitalization industry, working to advance housing policy, establish professional standards, and return aged, distressed, and vacant homes to the market as attainable housing. As a Charter Member, Quinones will participate in the association's policy and advocacy work, including state and federal engagement in Washington, D.C.
Investor Trustee Services acquires distressed single-family homes across Florida. The company purchases as-is for cash and handles cleanout and rehabilitation directly — placing it in the acquisition and investment stages of what NAHR terms the Revitalization Pipeline.
“There are roughly 1.4 million residential properties sitting vacant in this country right now, and a quarter-million more moving through foreclosure. I see these houses every day. They already exist, they already have utilities at the street, and they already sit in neighborhoods people want to live in. They are empty because of condition and title, not because nobody wants them. Returning even a share of that inventory to the market gets families into homes faster than anything we can build from the ground up.”
Peter Quinones, Investor Trustee Services
Quinones also pointed to the economic role of the local operators who take on that work.
“Every one of these houses is a wealth-building opportunity for somebody local. The person who buys it, the contractor who rebuilds it, the supplier who stocks the job, the agent who lists it — that money circulates in the same community the house sits in. When a national fund owns the asset, the return leaves town. When a local operator does the work, it stays.”
Peter Quinones, Investor Trustee Services
Industry data supports the scale of the opportunity. ATTOM's third-quarter 2026 Vacant Property and Zombie Foreclosure Report found approximately 1.3 percent of the nation's 104.6 million residential properties were vacant, with 259,666 properties in the foreclosure process. Separately, U.S. Census Bureau figures recorded 15.6 million vacant housing units nationwide in the second quarter of 2026 — a broader measure that includes seasonal and market-listed units — up from 15.4 million a year earlier.
NAHR cites an estimated 15 million vacant homes nationwide as housing supply hiding in plain sight, and notes that in 2025 local investors delivered more revitalized homes to market than new builds sold in the same period.
The announcement comes as federal policy reshapes who is permitted to buy single-family housing. The 21st Century ROAD to Housing Act became law on July 11, 2026 and takes effect January 7, 2027. It prohibits large institutional investors — defined as entities with investment control of 350 or more single-family homes — from purchasing single-family homes, subject to stated exceptions. The legislation followed Executive Order 14376, signed January 20, 2026, which established that large institutional investors should not buy single-family homes that could otherwise be purchased by families.
“When the largest buyers step back, somebody still has to take on the houses that need work. A family shopping for a home is not going to buy a property with a clouded title and a caved-in roof, and a bank is not going to lend on it. That is the gap. Local operators are the ones who can move on those houses, fix them, and hand them to a family in livable condition. The policy question now is whether the people doing that work have the tools and the standing to do it at scale.”
Peter Quinones, Investor Trustee Services
Charter Membership is open during the association's formation period, giving founding members a role in shaping the standards and policy positions the industry will later operate under.
About Investor Trustee Services
Investor Trustee Services is a Florida-based real estate acquisitions company specializing in distressed single-family residential properties. The company operates across Florida markets, focusing on probate, foreclosure and title-encumbered transactions that conventional buyers cannot complete.
About the National Association for Housing Revitalization
The National Association for Housing Revitalization (NAHR) is a national trade association advancing housing revitalization as a scalable housing supply solution. NAHR provides policy and advocacy leadership, industry standards, and member resources across the revitalization pipeline. More at housingrevitalization.org.
Figures cited are from ATTOM’s Q3 2026 Vacant Property and Zombie Foreclosure Report and U.S. Census Bureau housing vacancy data for Q2 2026. Statutory detail is from the 21st Century ROAD to Housing Act, Public Law 119-101, enacted 11 July 2026 and effective 7 January 2027, and Executive Order 14376 of 20 January 2026. Our full reading of the statute is set out in What the ROAD to Housing Act actually says. Media contact: Peter Quinones, peter@investortrusteeservices.com.
Also in this series
- What the ROAD to Housing Act actually says
- The 350-home line now runs through HUD’s loan sales
- Who bought HVLS 2026-1 — and what the bidding tells you
- What HUD distressed loan pools actually sell for
- The shift to nonprofits in HUD distressed loan sales
- HUD distressed property sales, explained
- Who buys distressed property portfolios?