Bella Hadid appears to be embracing a new chapter in her personal life. Months after ending her nearly two-year relationship with professional cowboy Adan Banuelos, the supermodel has reportedly been spending time with Nathan Lacy, a Colorado project manager who was recently identified as the mystery man photographed alongside her earlier this year.
According to the Daily Mail, Hadid and Lacy are simply getting to know one another, with insiders emphasizing that the relationship is casual.
© Backgrid UK/The Grosby Group"She does have someone she's hanging out with, but he's just someone she's getting to know," a source told the outlet. "She's just trying to have a companion. She's not trying to get married, she's not trying to make this more than it is."
The pair were first spotted together in Milan in February, shortly after Hadid's split from Banuelos. Since then, she has reportedly spent time in Crested Butte, Colorado, where Lacy was born and raised.
© Backgrid UK/The Grosby GroupWho is Nathan Lacy?
Lacy stays largely out of the spotlight. The 38-year-old works as a project manager for his family's long-established construction business in Crested Butte, a mountain town where the Lacy family has deep roots.
© Backgrid UK/The Grosby GroupAccording to reports, he has worked for the family company since he was young and is well known in the local community, where some residents have even described him as a "local heartthrob."
The relationship marks another connection between Hadid and the Western lifestyle she embraced during her romance with Banuelos, though sources insist things remain low-key.
© Backgrid UK/The Grosby GroupWhy Bella Hadid and Adan Banuelos broke up:
Hadid and Banuelos called it quits after what insiders described as a "tumultuous," on-again, off-again relationship.
© GettyAlthough the model had fully embraced Banuelos' world, even spending extended periods living in Texas and purchasing property there, their different lifestyles eventually became difficult to reconcile.
Sources claimed Banuelos struggled to adapt to Hadid's demanding international modeling career once it accelerated again, while Hadid found it increasingly difficult to permanently settle into the rodeo circuit and the quieter Texas lifestyle.
© GothamThe breakup was reportedly complicated further by shared business interests. During their relationship, the couple invested in several high-value horses together, making the separation more than just emotional.
Shortly after news of their split surfaced, Banuelos was also arrested for public intoxication in Parker County, Texas.
© Getty ImagesThe incident occurred hours after the former couple had reportedly been seen dancing together at a local bar. He was released later that day after posting bond.
A different chapter after family dreams:
The breakup was particularly significant because Hadid had openly spoken about wanting to become a mother while she was dating Banuelos.
In a May 2025 interview with British Vogue, the model revealed that family had become one of her biggest priorities. "Family is on my mind. I can't wait to be a mom," she said, explaining that motherhood had always been a bigger dream than marriage itself.
© JB LacroixAt the time, both Hadid and Banuelos had spoken about building a future together, leading insiders to claim she initially believed he could be "the one."
Ultimately, conflicting priorities, demanding careers and the challenge of balancing life between Texas and Hadid's bicoastal modeling schedule reportedly brought those plans to an end.
Now, as she spends time with Nathan Lacy, sources say the model is approaching romance differently, choosing companionship over rushing into another serious commitment.
