HEIGHT, STORY. The vertical distance from top to top of two successive tiers of beams or finished floor surfaces; and, for the topmost story, from the top of the floor finish to the top of the ceiling joists or, where there is not a ceiling, to the top of the roof rafters.
R301.3 Story height. Buildings constructed in accordance with these provisions shall be limited to story heights of not more than the following:
1. For wood wall framing, the laterally unsupported bearing wall stud height permitted by Table R602.3(5) plus a height of floor framing not to exceed 16 inches (406 mm).
Exception: For wood framed wall buildings with bracing in accordance with Tables R602.10.1.2(1) and R602.10.1.2(2), the wall stud clear height used to determine the maximum permitted story height may be increased to 12 feet (3658 mm) without requiring an engineered design for the building wind and seismic force resisting systems provided that the length of bracing required by Table R602.10.1.2(1) is increased by multiplying by a factor of 1.10 and the length of bracing required by Table R602.10.1.2(2) is increased by multiplying by a factor of 1.20. Wall studs are still subject to the requirements of this section.
2. For steel wall framing, a stud height of 10 feet (3048 mm), plus a height of floor framing not to exceed 16 inches (406 mm).
3. For masonry walls, a maximum bearing wall clear height of 12 feet (3658 mm) plus a height of floor framing not to exceed 16 inches (406 mm).
Exception: An additional 8 feet (2438 mm) is permitted for gable end walls.
4. For insulating concrete form walls, the maximum bearing wall height per story as permitted by Section R611 tables plus a height of floor framing not to exceed 16 inches (406 mm).
5. For structural insulated panel (SIP) walls, the maximum bearing wall height per story as permitted by Section 614 tables shall not exceed 10 feet (3048 mm) plus a height of floor framing not to exceed 16 inches (406 mm).
Individual walls or walls studs shall be permitted to exceed these limits as permitted by Chapter 6 provisions, provided story heights are not exceeded. Floor framing height shall be permitted to exceed these limits provided the story height does not exceed 11 feet 7 inches (3531 mm). An engineered design shall be provided for the wall or wall framing members when they exceed the limits of Chapter 6. Where the story height limits are exceeded, an engineered design shall be provided in accordance with the International Building Code for the overall wind and seismic force resisting systems.
MEZZANINE, LOFT. An intermediate level or levels between the floor and ceiling of any story with an aggregate floor area of not more than one-third of the area of the room or space in which the level or levels are located.
A "loft" would need to be under the ceiling of the story it serves.....