What is a Loft Apartment?

What is a loft apartment? At the most basic level a loft apartment differs from a regular apartment because of the open layout. Lofts are open floor plans with few if any walls separating the living, dining, living and sleeping areas. The open floor plan of a loft gives it a stylish look that many residents enjoy.

In general loft apartments are older buildings that were once commercial properties. In the last 5-10 years many historic and industrial buildings that were once vacant, have now been converted into upscale loft apartments. The development of loft apartments has been a boost to local economies, revitalized downtown areas, and brought new life to historic districts.

Lofts are normally 4 to 12 story buildings, with sometimes higher than average ceilings. Large windows are often a feature of lofts and the interiors are designed to provide the occupants maximum access to exterior light.

Interior layout and design are usually a important key feature of loft apartments. Many lofts have hardwood floors, natural brick walls and exposed ceiling beams. Particular attention is also paid to hardware details such as fixtures and lighting.

Many loft apartments are located near business, nightlife and entertainment areas. Because of the urban locations loft apartments are often favored by young professionals and business people. The luxury of loft apartments also appeals to the style conscious and art enthusiasts.

In New York City there are many lofts in the Soho, Tribeca and Chelsea districts. Some lofts especially in arts districts have tenancy regulations such as status as a full-time artist. There are also many loft apartments of other major US Cities, such as Chicago, St. Louis, Houston and Dallas.

Diane Sims provides information for apartment hunters, and people seeking to buy or sell a home in Texas. More information is available at: Houston Lofts and Dallas Lofts

In The News:

Amaravati: Farmers thank Naidu for real estate boom  Deccan HeraldMotkuri Brahmayya, a septuagenarian farmer from Malkapuram village, is a happy old man. Malkapuram is one of the 29 villages that form the core of the capital ...
In realty sector, many flock for organised facilities management services  Business StandardCost efficiency coupled with the unique selling proposition (USP) of organised facilities management services by real estate developers are finding many takers.
Telangana State Real Estate Regulatory Authority to crack whip on over 700 erring developers  The New Indian ExpressNearly, about 1200 projects were given permissions in Greater Hyderabad during this period but only 500 builders have registered under TSRERA and the ...
KKR raising $1.5 bn for first Asia real estate fund  VCCircleGlobal investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it.
Reliance Industries sets up company for real estate development  Business StandardRead more about Reliance Industries sets up company for real estate development on Business Standard. Last February, RIL bought a 65 per cent stake in a ...
KKR said to raise first Asia real estate fund, targeting $1.5 billion  LivemintHong Kong: Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it looks to deepen its real ...
Piramal Capital will look at new real estate deals from April: MD Khushru Jijina  LivemintPiramal Capital MD Khushru Jijina on liquidity crunch in real estate, NBFC crisis and strategic shifts going forward.In the long term, the shakeout and filtration ...
GST: Real estate sector needs to make significant changes, and fast  Economic TimesThe 34th GST Council meeting held on Tuesday has brought some positive news for the Real Estate industry, but these changes would have substantial impact ...
Early days! Not the ‘REIT’ stuff for Indian investors as yet  Economic TimesThis week sees the introduction of an investment asset class that is new to India –– the Real Estate Investment Trust (REIT). Embassy, a Bengaluru-based real ...
Success of Embassy REIT to bring more investment into beleaguered real estate  Business TodayOversubscription to the IPO of Embassy Office Parks REIT, India's first real estate investment trust (REIT), will propel *fresh* investments in commercial realty and ...
Piramal prowls for distressed real estate assets  Business StandardRead more about Piramal prowls for distressed real estate assets on Business Standard. Investor confidence was rocked last year by a series of defaults at ...
Real estate office fire: Foul play not ruled out  Deccan HeraldPolice suspect the fire that tore through the third floor real-estate office in Basavanagudi's Nettakallappa Circle on March 13 was not accidental.
GST Councils plan for real estate sector may not find many takers  Business StandardThe Goods and Services Tax (GST) Council's decision to give developers the power to choose between the old and new tax rates might not find many takers, ...
A mutual fund for investing in real estate  Economic TimesReal Estate Investment Trusts (REITs) are similar to mutual funds, conceptually.
Bulgarian justice minister resigns over real estate deal  Morung ExpressSOFIA, March 23 (Reuters): Bulgarian Justice Minister Tsetska Tsacheva resigned on Saturday following media reports that she and three other ruling ...
Rental agreements are changing with changing CHS norms, lifestyles  Hindustan TimesThe big shift at the turn of the century, in the rental markets space, was from rent agreements to leave and licence ones. The latter treats each *fresh* agreement as ...
Blackstone-Embassy REIT game changer for India's real estate sector  LivemintEmbassy Office Parks REIT would be India's first real estate investment trust.It plans to raise ₹4750 crore (including the anchor allocation) from its 18-20 March ...
GST Council to issue new tax norms for real estate  LivemintNEW DELHI: Federal indirect tax body the Goods and Services Tax (GST) Council will on Tuesday announce new rules on how far builders can make use of ...
Sowparnika, first real estate firm to support arm wrestlers  Business StandardSowparnika Projects, a Bengaluru-based real estate firm, has taken up an initiative to stand by a sport which is less-recognised, but holds immense potential ...
A $580-mn fund executive sees an opportunity in Indias real estate turmoil  Business StandardThe turmoil in India's residential property market and the cash squeeze faced by developers after a large non-bank finance company went belly up has created ...
Demand for commercial real estate will continue to pick up: Experts  LivemintMUMBAI: At a time when India's housing market is yet to recover from a prolonged slump, demand for commercial real estate has continued to grow with several ...
GST council meeting announces implementation of lower GST rates for real estate sector  Economic TimesAfter the GST council meeting, Revenue Secretary Ajay Bhushan Pandey announced implementation of lower GST rates for the real estate sector.
Share market update: Realty shares mixed; Indiabulls Real Estate jumps 3%  Economic TimesThe Nifty Realty index was trading 0.56 per cent up at 260.15 around 11:05 am.
India’s first Real Estate Investment Trust subscribed 2.58 times  The Indian ExpressThe over-subscription of India's first Real Estate Investment Trust (REIT) issue, which closed Wednesday, points to a positive investor appetite for backing assets ...
Kotak Group, DivyaSree Developers join hands for commercial real estate  VCCircleKotak Investment Advisors Ltd has launched a $400 million fund focused on commercial real estate in the country and has brought.
After a Dip, Hong Kong Real Estate Again Eyes the Stratosphere  The New York TimesHONG KONG — Something strange happened recently in the Hong Kong property market. On New Year's Eve, a buyer put down a five percent deposit for the ...
New rules in Mexico may limit cash payments for real estate  CNBCMexico is developing rules that would cap the amount of cash that can used to buy real estate, Finance Minister Carlos Urzua said on Friday, part of a push to ...
Real Estate Investment: Key opportunity areas for investors in 2019  The Financial ExpressFor the investors of real estate, the Indian market is at a cusp of growth. Let us look at a few segments that can pose positive opportunities for investors in the ...
Real estate office fire:Police not ruling out foul play  Deccan HeraldPolice suspect the fire that tore through the third floor real-estate office in Basavanagudi's Nettakallappa Circle on March 13 was not accidental.
Blackstone to buy Coffee Day founder Siddhartha’s real estate company  Times of IndiaIndia Business News: The tech park, Global Village, is a 4-million-sqft tenanted office space located on a 120-acre campus. It counts Accenture and Mphasis ...
GST meet on real estate tax, Xiaomi launch, Jet crisis: Top events of today  Business StandardBefore you start the day, take a look at the major events in the country that are likely to make headlines today. From GST meet over reducing tax on the real ...
A New ETF For An Untapped Real Estate Market (NYSE:NETL)  BenzingaDozens of exchange traded funds are dedicated to real estate investment trusts, including some new kids on the block. That doesn't mean all corners of ...
Puravankara Adjudged as the Favourite Real Estate Developer for South Zone at CNBC-Awaaz Peoples Choice Awards 2018-19 for Real Estate  Business StandardRead more about Puravankara Adjudged as the 'Favourite Real Estate Developer' for South Zone at CNBC-Awaaz People's Choice Awards 2018-19 for Real ...
Amazon real estate exec says Bellevue plan not affected by New York exit  The Seattle TimesSome real estate sources have seen Bellevue as a possible spillover location for the erstwhile New York HQ2. But an Amazon executive said the growth ...
RICS WBEF 2019 unites industry leaders on the future of Real Estate  Business StandardRICS, the world-leading professional body promoting and enforcing the highest international standards in the built environment sector, is organizing its World ...
Explainer | All you need to know about India's first Real Estate Investment Trust  Moneycontrol.comIf you are a small investor and have Rs 2 lakh at your disposal, you may now wish to consider investing in REITs.
Share market update: Realty shares bullish; Indiabulls Real Estate surges 8%  Economic TimesThe Nifty Realty index was trading 3.35 per cent up at 246.65 around 10:46 am.
Higher sales and declining launches help cut inventory in real estate sector  LivemintAt an all-India level, property sales clocked 9% year-on-year growth to 34.6 million sq. ft in December.The goods and services tax rate on under-construction ...
Real estate firm Brigade Group to enter co-working business  Economic TimesBengaluru: Real estate firm Brigade Group is entering the co-working business through the brand BuzzWorks, under which it plans to roll out 2,200 seats in the ...
Housing market is tipping in favor of buyers, real-estate agents say  MarketWatchReal-estate agents around the country weigh in on what they're seeing in their areas, and some broad national trends are emerging.
GST Council to meet on March 19 to finalise real estate tax structure  Business StandardIn a first-of-its-kind meeting of a federal forum in the midst of the code of conduct of general elections, the Goods and Services Tax (GST) Council is scheduled to ...
Startup jobs of the week: Canvass Analytics, Skritswap, Real Estate Webmasters  BetaKitYour weekly roundup of the top startup job postings on the BetaKit Job Board.
Real Estate Giant Holding Live Luxury Home Auction for Bitcoin  Bitcoin NewsA major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call ...
A Growing Problem in Real Estate: Too Many Too Big Houses  The Wall Street JournalLarge, high-end homes across the Sunbelt are sitting on the market, enduring deep price cuts to sell. That is a far different picture than 15 years ago, when ...
Home buyers stepping in to bailout stressed real estate developers  BusinessLineBut experts feel the move has it's own set of hurdles.
Ojo Labs raises $45 million to develop a chatbot for real estate  VentureBeatOjo Labs, an Austin-based company developing a real estate chatbot aimed at digital native homebuyers, announced it has raised $45 million in funding.
How AR Will Unveil Benchmarks For On-demand Real Estate Business  Inc42 MediaReal estate has become easily accessible just like the on-demand taxi-hailing apps. The immersive reality technology can help prospective buyers a real-life ...
India’s ultra-rich prefer equity, bonds to real estate  Economic TimesMumbai: India's wealthy individuals have a preference for equity and bonds, as they place their bets on prospects of better economic growth in Asia's ...
How the GST rate reduction will impact property prices  LivemintIn its 33rd meeting held on 24 February 2019, the Goods and *Service* Tax (GST) Council recommended rationalisation of GST rates on real estate. The cut is in ...
Asked to vacate homes overnight, B’luru tenants unite against real estate agency Homigo  The News MinuteMany Bengaluru residents who had started living in apartments on a lease or a rental basis via the real estate agency Homigo have suddenly been asked to ...
Real estate: The catch in lower GST rates  Business TodayThere are two reasons home buyers aren't willing to buy under-construction property any longer. Previous experience with delayed projects and frauds resulted ...
D-Street Buzz: Realty stocks advance led by Indiabulls Real Estate; Eicher Motors drags  Moneycontrol.comThe breadth of the market favoured the advances with 1225 stocks advancing and 488 declining while 364 remained unchanged. On the BSE, 1692 stocks ...
Real estate players see opportunity in the draft e-commerce policy  Business StandardRead more about Real estate players see opportunity in the draft e-commerce policy on Business Standard. With stress on data centres to be onshore, firms ...
Reduction in GST rate leads to a drop in price? Real estate a test case for broader changes  Economic TimesWhen the rate of tax comes down, the price of a product or *service* should also see a corresponding decrease. However, the structure of Goods & Services tax ...
The next frontier in real estate technology  TechCrunchFrom entertainment to transportation, technology has upended nearly every major industry — with one notable exception: real estate. Instead of disrupting the ...
Real-estate brokerage HFF sells itself to Jones Lang LaSalle for $2 billion  Business Insider IndiaGlassdoorReal-estate brokerage HFF announced it is selling itself to Jones Lang LaSalle.JLL will acquire all the outstanding shares of HFF with a combination.
Colony Capital: 8%-Plus Yield, Income Opportunity From A Real Estate Empire  Seeking AlphaWith a large merger, Colony Capital Inc. became one of the largest real estate owners in the world. Integrating their new assets has proved painful to common ...
D-Street Buzz: Realty stocks jump led by Indiabulls Real Estate; Sun Pharma up 2%  Moneycontrol.comThe breadth of the market favoured the declines with 761 stocks advancing and 961 declining while 356 remained unchanged. On the BSE, 1160 stocks ...
Why GST Council recommendations may not bring cheer to real estate sector  Business StandardSudipta Bhattacharjee, partner, Advaita Legal, explains why the recent recommendations by GST Council may not bring cheer to the real estate sector What are ...
Why Sandip Sabharwal is bullish on real estate cos  Economic TimesSales have stabilised, prices in many of the pockets have stopped falling and many of the companies have changed their business model are the factors that are ...
Real estate firms move SC against financial creditor tag for homebuyers  Business StandardReal estate companies such as Wave Group's Wave Megacity Centre, among others, are said to have approached the Supreme Court challenging the ...
2019 Real Estate & Development Symposium  Central Penn Business JournalEmail: [email protected] Save the date for the 2019 CPBJ Real Estate & Development Symposium. Presenting Sponsor. Supporting Sponsor.
Can RERA authority grant an extension to a real estate project?  Moneycontrol.comWhat are the circumstances under which a homebuyer can claim compensation and/or withdraw his or her investment from a project?
Century real estate in talks to raise Rs 250 crore for home project  Economic TimesBengaluru: Century Real Estate Holdings is in talks with Piramal Ivanhoe Residential Equity Fund to raise funds for an upcoming residential project in a deal ...
How NoBroker Uses AI To Deliver A Broker-Free Real Estate Experience  Analytics India MagazineThe real estate market has long since been hailed as being a natural fit for the application of artificial intelligence and machine learning models. This is due to its ...
New Buyer. New Building. New Problems.  The New York TimesBuyers in new developments often feel powerless when it comes to getting management to address unexpected issues. But that power is within their reach.
Share market update: Realty shares advance; Indiabulls Real Estate jumps 4%  Economic TimesThe Nifty Realty index was trading 0.98 per cent up at 232.60 around 10:33 am.
Real-estate man cheats students with fake lease papers  Deccan HeraldThe Marathahalli police on Tuesday arrested a 47-year-old real-estate agent who cheated nearly eight people with fake lease documents of a property.
Tax on your gold and real estate investments  LivemintIf you choose to reduce exposure to gold and real estate, do pay attention to the tax rules that will apply.Here is a look at the taxes that apply to short-term and ...
Effects on Real Estate in Budget 2019  The HinduBuying a house seems to have become easier. A look by R.P. Deshpande.
GST Council meeting today; rate cut on real estate expected  LivemintArun Jaitley had announced that a final decision on the GST rates on housing properties, will be taken up in a meeting on Sunday.Even in the budget speech, ...
New NBFC loans for real estate developers may be Rs 1.7 trillion  Business StandardNon-banking financial companies (NBFCs) with large, but relatively low-vintage, loans to real estate developers are the most vulnerable to rising risks for asset ...
UP Real Estate Regulatory Authority issues deregistration notices to 7 builders over delay in 14 projects  Business TodayThe Uttar Pradesh Real Estate Regulatory Authority Friday issued deregistration notices to seven builders for failing to meet their commitments to buyers ...
Removal of input tax credit may bring back black money to real estate  Business TodayThe removal of input tax credit (ITC) on housing, ahead of the general elections, will bring back black money in the sector well known for deploying tainted ...
Routt County real estate sales total $11.8M for March 15 to 21, 2019  Steamboat Pilot & TodaySTEAMBOAT SPRINGS — Routt County real estate transactions totaled $11831020 across 17 sales for the week of March 15 to 21. The sales total is up 226 ...
NAREDCO seeks more liquidity for real estate sector; lower GST on cement  Moneycontrol.comNAREDCO President Niranjan Hiranandani welcomed the GST Council's decision to cut tax rate on sale of under-construction flats, but sought reduction in taxes ...
Macro  Moneycontrol.comThe relief is likely to benefit homebuyers, real estate developers as well as housing finance companies.
Billions in Toronto Real Estate Bought Anonymously, with Funds of Unknown Origin  WOLF STREETLooking to launder some cash? You might want to head over to Toronto, and use the real estate. A new Transparency International Canada (TI Canada) report ...
Modispaces Analyses the Current Real Estate Trends in India  Business StandardRead more about Modispaces Analyses the Current Real Estate Trends in India on Business Standard. / -- The real estate industry in India is going through the ...
Size of real estate market to grow to $650 bn by 2040 from $120 bn now: Niti Aayog  Moneycontrol.com"The government is committed not only to real estate sector but all aspects of it. The government is very conscious and cognisant of what happening in the sector ...
The ultimate guide to selling your home without a real estate agent  Yahoo FinanceSelling a home without the help of a realtor isn't for everyone but if you're brave enough to try it, there are a few ways to make the process smoother.
Dubai's real estate developers cut jobs in past weeks  LivemintDubai: Nakheel PJSC and Majid Al Futtaim Properties LLC, two of Dubai's biggest real estate companies, cut jobs in the past weeks, people familiar with the ...
Overall negative outlook for real estate sector but stable for tier-1 companies: Report  Moneycontrol.comThe market share of the top 11 listed players, India Ratings and Research has analysed, increased to 14 percent in 2018 from 10 percent in 2015.
How to Avoid the Next Real Estate Downturn  The New York TimesProperty investments have long been associated with wealth creation. In a recession, though, they can be risky for owners who need to sell.
Scared of Stocks? Buy a House Instead  BloombergReal estate may be a better — and safer — investment than I thought. This is my conclusion after reading a comprehensive study published this month titled, ...
Retirement homes now a separate real estate category subject to RERA norms  Moneycontrol.comHousing and Urban Affairs ministry releases guidelines for regulation of retirement homes to ensure ease of living for senior citizens.
Activists: Iran purchasing real estate in Syria – Middle East Monitor  Middle East MonitorSyrian activists in the province of Deir Ez-Zor said Iran has been purchasing properties in areas controlled by the Syrian regime in the province. Activist and ...
8 Great Ways to Buy International REITs | Real Estate Investments  U.S. News & World ReportReal estate investment trusts make it possible to reap all the benefits of owning property while adopting a hands-off approach. REITs frequently invest in U.S. ...
Newtown economic, real estate development moving ahead, but state proposals worry first selectman  Westfair OnlineNewtown is continuing to make great strides in commercial and economic development, according to First Selectman Dan Rosenthal. And it should continue to ...
10,580 crucial for Nifty; real estate, metal and auto stocks in focus: Kotak Securities  Moneycontrol.comApart from real estate and metals, we should also focus on auto companies as they have formed reversal formation on weekly basis.
Blackstone, Embassy to launch Indias first real estate investment trust  Business StandardGlobal investment company Blackstone and realty firm Embassy Group will in a few weeks launch the country's first real estate investment trust (REIT) with an ...
Vashi real estate agent booked for rape  The HinduThe Vashi police have registered a case against a real estate agent after his 35-year-old live-in partner claimed that he raped her on the pretext of marrying her.
Real-Estate Industry Blasts ‘Pied-à-Terre’ Tax on High-Value Second Homes  Wall Street JournalThe real-estate industry is launching a frontal assault against a plan in Albany to impose a stiff annual tax on wealthy owners of part-time homes in New York ...
MCA warns PMO, FinMin and RBI of credit stress in real estate sector  Moneycontrol.comThe MCA expressed concerns over the sector's exposure to the NBFCs and HFCs, which is pegged at nearly Rs 1 lakh crore.
India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank  Business Insider IndiaA report by Credit Suisse indicates that non-performing loans from the real estate sector are likely to rise this quarter. This is largely due to the drying up of ...
GST rate cut a huge positive for real estate sector, says SP Tulsian  CNBCTV18SP Tulsian said the GST Council's move to reduce tax rates on properties was an excellent decision, and it will bring positive outcomes for the sector in terms of ...
Commercial real-estate is on the up and up, with new hotspots emerging  Hindustan TimesA growing workforce, slowing residential market, and decentralisation of commercial space in the prime metros, are among the factors that have contributed to ...
Mark your calendars: These are NYC’s top real estate events next week  The Real DealThese are the top NYC real estate events happening 3/25-4/1/19.
House Hunting in … St. Lucia  The New York TimesBad weather and shaky economies in other parts of the world have conspired to hold down prices and demand on this island nation.

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