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Loft apartment[edit] Loft apartments are apartments that are generally built from former industrial buildings. When industrial developments are developed into condominiums instead of apartments, they may be called loft condominiums. The general term warehouse-to-loft conversions may sometimes be used for development of industrial buildings into apartments and condominiums.
Â· just now. Report Abuse. Yes, a loft is very similar to an apartment. To me, a loft is more modern than an apartment and is more hip for a younger crowd and a loft is usually located in a converted building from former industiral buildings. It can also mean something similar to an attic. Source(s): http://en.wikipedia.org/wiki/Loft.