diff --git a/pyicloud/services/findmyiphone.py b/pyicloud/services/findmyiphone.py
index e108393e..8b113ba5 100644
--- a/pyicloud/services/findmyiphone.py
+++ b/pyicloud/services/findmyiphone.py
@@ -103,29 +103,37 @@ def _refresh_client_with_reauth(self, locate: bool, retry: bool = False) -> None
     def _initialize_devices(self, locate: bool) -> None:
         """Initializes the devices for the FindMyiPhoneServiceManager."""
 
-        # If family sharing is enabled, we may need to poll until all devices are ready
-        # This is indicated by the deviceFetchStatus being "LOADING"
+        # If family sharing is enabled, we may need to poll until all devices are ready.
+        # This is indicated by the deviceFetchStatus being "LOADING".
+        # Some members (e.g. Macs with location sharing disabled) remain permanently
+        # LOADING and will never resolve. Track which members are LOADING between
+        # retries and stop as soon as there is no progress, rather than always
+        # exhausting _MAX_REFRESH_RETRIES for stuck members.
         retries: int = 0
+        prev_loading_keys: set[str] = set()
         while (
             self._with_family
             and self._user_info
             and self._user_info.get("hasMembers", False)
+            and retries < _MAX_REFRESH_RETRIES
         ):
-            needs_refresh: bool = False
-            for user in self._user_info.get("membersInfo", {}).values():
-                if user.get("deviceFetchStatus") == "LOADING":
-                    needs_refresh = True
-                    break
-
-            if needs_refresh:
-                time.sleep(0.1)
-                self._refresh_client(locate=locate)
-                retries += 1
-                if retries >= _MAX_REFRESH_RETRIES:
-                    _LOGGER.debug("Max retries reached when fetching family devices")
-                    break
-            else:
-                break
+            loading_keys = {
+                k
+                for k, v in self._user_info.get("membersInfo", {}).items()
+                if v.get("deviceFetchStatus") == "LOADING"
+            }
+            if not loading_keys:
+                break  # all family members ready
+            if loading_keys == prev_loading_keys:
+                _LOGGER.debug(
+                    "No progress on LOADING family members after retry %d, stopping",
+                    retries,
+                )
+                break  # no change since last retry — give up on permanently stuck members
+            prev_loading_keys = loading_keys
+            time.sleep(0.1)
+            self._refresh_client(locate=locate)
+            retries += 1
 
         if not self._devices:
             raise PyiCloudNoDevicesException()
diff --git a/tests/services/test_findmyiphone.py b/tests/services/test_findmyiphone.py
index 686484ec..d5c56f6f 100644
--- a/tests/services/test_findmyiphone.py
+++ b/tests/services/test_findmyiphone.py
@@ -691,7 +691,12 @@ def test_refresh_client_with_reauth_with_loading_to_done(
 def test_refresh_client_with_reauth_with_loading_no_complete(
     pyicloud_service_working: PyiCloudService,
 ) -> None:
-    """Test refresh_client_with_reauth calls _refresh_client if the members are loading."""
+    """Test that the retry loop stops as soon as no LOADING members make progress.
+
+    member2 resolves after the first retry (progress made → continue).
+    member1 remains LOADING after the second retry (no change → stop early).
+    Total refresh calls: 1 initial + 2 loop iterations = 3.
+    """
     with patch(
         "pyicloud.services.findmyiphone.FindMyiPhoneServiceManager._refresh_client_with_reauth",
         return_value=None,
@@ -753,69 +758,9 @@ def test_refresh_client_with_reauth_with_loading_no_complete(
                     "deviceFetchStatus": "DONE",
                 },
             },
-            True,
-            {
-                "member1": {
-                    "firstName": "Member1",
-                    "lastName": "One",
-                    "appleId": "member1@example.com",
-                    "deviceFetchStatus": "LOADING",
-                },
-                "member2": {
-                    "firstName": "Member2",
-                    "lastName": "Two",
-                    "appleId": "member2@example.com",
-                    "deviceFetchStatus": "DONE",
-                },
-            },
-            True,
-            {
-                "member1": {
-                    "firstName": "Member1",
-                    "lastName": "One",
-                    "appleId": "member1@example.com",
-                    "deviceFetchStatus": "LOADING",
-                },
-                "member2": {
-                    "firstName": "Member2",
-                    "lastName": "Two",
-                    "appleId": "member2@example.com",
-                    "deviceFetchStatus": "DONE",
-                },
-            },
-            True,
-            {
-                "member1": {
-                    "firstName": "Member1",
-                    "lastName": "One",
-                    "appleId": "member1@example.com",
-                    "deviceFetchStatus": "DONE",
-                },
-                "member2": {
-                    "firstName": "Member2",
-                    "lastName": "Two",
-                    "appleId": "member2@example.com",
-                    "deviceFetchStatus": "DONE",
-                },
-            },
-            True,
-            {
-                "member1": {
-                    "firstName": "Member1",
-                    "lastName": "One",
-                    "appleId": "member1@example.com",
-                    "deviceFetchStatus": "LOADING",
-                },
-                "member2": {
-                    "firstName": "Member2",
-                    "lastName": "Two",
-                    "appleId": "member2@example.com",
-                    "deviceFetchStatus": "DONE",
-                },
-            },
         ]
         manager._refresh_client_with_reauth(locate=True)
-        assert mock_refresh.call_count == 6
+        assert mock_refresh.call_count == 3
         mock_refresh.assert_called_with(locate=True)