I started condo hunting two years ago when I fell in love with the living room of a loft. Then I saw the bedroom and hated it. For anything less than a million bucks, the transition space from living room to bedroom and the layout of the bedroom are generally awkward.
For Example: Candy Factory Loft #221
I think lofts are best for minimalists seeking a fully integrated space. Fully integrated so there is no wall between living room and bedroom. Minimalists because if you can see everything you better not have too many things.