The owner of several Indiana shopping centers, including University Center in Mishawaka, which is the shopping center where Best Buy, Michael’s, Ross Dress For Less and more than a dozen other stores are located is reportedly preparing to file for bankruptcy.

Bloomberg reports Ohio-based Washington Prime Group is looking to avoid a default after skipping an interest payment on its debt.

Bloomberg cites sources who say the real estate investment trust’s negotiations with lenders are faltering, though plans to file for Chapter 11 bankruptcy protection are not finalized.

Washington Prime has stated in the past the pandemic could affect its ability to meet the requirements of its agreement with lenders.

Washington Prime owns 12 properties in Indiana.