<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Homegate Hospitality, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
43740G 10 9
- --------------------------------------------------------------------------------
(CUSIP Number)
(Continued on following pages)
Page 1 of 5 Pages
<PAGE>
CUSIP NO. 43740G 10 9 13G Page 2 of 5
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert A. Faith
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 2,274,992
----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 1,445,931
----------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 2,274,992
----------------------------------------------------------------
REPORTING 8 SHARED DISPOSITIVE POWER
PERSON 390,172
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,164,493
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 10 EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 10
10.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 43740G 10 9 13G Page 3 of 5
Item 1.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
111 Congress Avenue, Suite 2600
Austin, Texas 78701
Item 2.
(a) NAME OF PERSON FILING:
Robert A. Faith
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
111 Congress Avenue, Suite 2600
Austin, Texas 78701
(c) CITIZENSHIP:
United States of America
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 per value
(e) CUSIP NUMBER:
43740G 10 9
Item 3. NOT APPLICABLE
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned: Mr. Faith may be deemed to be the
beneficial owner of 3,720,923 shares of Common Stock, consisting of 2,274,992
shares owned by JMI/Greystar Extended Stay Partners, L.P. (Mr. Faith being the
sole stockholder of such partnership's sole general partner), 1,055,759 shares
owned by Developer Extended Stay Partners, L.P. (Mr. Faith indirectly owning a
percentage interest in the sole general partner of such partnership) and 390,172
shares owned by JMI/Greystar Realty Partners, L.P. (Mr. Faith being the sole
stockholder of one of the two general partners of such partnership). Mr. Faith
disclaims beneficial ownership of all such shares other than 1,164,493 shares
attributable to his percentage interests in such partnerships.
(b) Percent of Class: The percent of class represented by the shares
described in Item 4(a) as to which Mr. Faith does not disclaim beneficial
ownership is 10.9%.
(c) Number of shares as to which such person has:
(i) sole power to direct the vote: 2,274,992
(ii) shared power to direct the vote: 1,445,931
(iii) sole power to dispose or direct the disposition of: 2,274,992
(iv) shared power to dispose or direct the disposition of: 390,172
Item 5. NOT APPLICABLE
Item 6. NOT APPLICABLE
Item 7. NOT APPLICABLE
Item 8. NOT APPLICABLE
<PAGE>
CUSIP NO. 43740G 10 9 13G Page 4 of 5
Item 9. NOT APPLICABLE
Item 10. NOT APPLICABLE
<PAGE>
CUSIP NO. 43740G 10 9 13G Page 5 of 5
SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I set
forth that the information set forth in this statement is true, complete and
correct.
DATED: February 14, 1997
Signature: /s/ Robert A. Faith
------------------------------------
Name: Robert A. Faith