Shopoff Realty Investments Secures $52 Million Bridge Loan From Peachtree Group For Industrial Project

An industrial project comprising 270 acres located at East Elliot Road & South Sossaman Road in Mesa, Arizona is involved in this transaction. The property is part of a refinancing effort for the project titled The Block at Elliot, with a bridge loan secured to support its development goals.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $52,000,000
• Lender: Peachtree Group
• Landlord: Shopoff Realty Investments
• Loan Type: Bridge
• Date: 07/10/2025

Shopoff Realty Investments has engaged Peachtree Group as the lender to facilitate the financing of its industrial project in Mesa, Arizona. This loan arrangement aims to support the advancement of The Block at Elliot, marking a significant step in the development process for the property.